Philippines' central bank reduces interest rates by 50 basis point
2020-03-20 15:05:58 [Print]
On March 19, the Philippines' central bank announced a 50 basis point cut in interest rates and kept overnight deposit and loan rates unchanged at 3
The central bank had previously said it was ready to use monetary policy tools appropriately to support economic and financial market stability.
. 25% and 4 . 25%. The central bank had previously said it was ready to use monetary policy tools appropriately to support economic and financial market stability.