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Filipino Central Bank Maintains Key Policy Rates but Fine Tunes SDA Facility

Forex News

This post by larrygreenberg has been reprinted from Currency Thoughts.

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The overnight borrowing and lending rates of Bangko Sentral ng Pilipinas were left at 3.5% and 5.5%.  These were cut four times during 2012 — in January, March, July and October most recently — each time by 25 basis points.  The Monetary Committee’s statement called inflation prospects “manageable, noting inflation is in the lower half [...]

larrygreenberg @ January 24, 2013

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