(Bloomberg) -- The Philippine central bank will
probably keep its key interest rate unchanged along with lower
payments for larger overnight deposits as it waits for money-
supply growth to slow below 20 percent.
Bangko Sentral ng Pilipinas will keep its reverse
repurchase rate at 7.5 percent, according to all 15 economists
surveyed by Bloomberg News. Eleven of the economists expect the
central bank to maintain lower payments for amounts exceeding 5
billion pesos ($109 million), while the others didn't comment.
The decision is expected in Manila tomorrow.
Read more at Bloomberg Emerging Markets News
probably keep its key interest rate unchanged along with lower
payments for larger overnight deposits as it waits for money-
supply growth to slow below 20 percent.
Bangko Sentral ng Pilipinas will keep its reverse
repurchase rate at 7.5 percent, according to all 15 economists
surveyed by Bloomberg News. Eleven of the economists expect the
central bank to maintain lower payments for amounts exceeding 5
billion pesos ($109 million), while the others didn't comment.
The decision is expected in Manila tomorrow.
Read more at Bloomberg Emerging Markets News
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