The Monetary Board of the Bangko Sentral ng Pilipinas (BSP) is in charge of making interest rate decisions in the Philippines. The reverse repo rate (RR/P), which is the overnight borrowing rate, serves as the official interest rate. The Philippine central bank is dedicated to promoting and maintaining price stability, as well as providing proactive leadership in establishing a robust financial system that supports balanced and sustainable economic growth.

A higher than expected figure should be seen as positive (bullish) for the PHP while a lower than expected figure should be seen as negative (bearish) for the PHP.

Category:  Interest Rate
Units:  Percent
Details
Impact: Medium
Country:
Currency: PHP
Latest Release
Previous: 6.5%
Consensus: 6.5%
Actual: 6.5%
Next Release
Date: Jun 27, 07:00
Time left: 34 days