Monday 10 December 2018
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rappler - 25 days ago

Bangko Sentral hikes interest rates for 5th time to curb inflation

MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) again hiked interest rates  on Thursday, November 15,  to rein in stubbornly high inflation. The latest move of the central bank brings the overnight reverse repurchase (RRP) rate to 4.75%. The overnight lending and deposit ...

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