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RP’s record-low interest rates appropriate, says Bangko Sentral

By LAILANY P. GOMEZ, Manila TimesTHE Philippine central bank said it is confident with its decision to keep key interest rates unchanged despite a trend of tighter monetary policy across Asia.India was the first in the region to raise policy rates by 25-basis points to 6 percent on March 19,...

Published on 9/4/2010, 2:33 AM by FilAmNation | 0 comment(s)

Tags: RP’s record-low interest rates appropriate says Bangko Sentral

Demand for rediscounting loans climbs, says Bangko Sentral

BANKS refinanced more of their outstanding commercial loans amid the low rate, the Bangko Sentral ng Pilipinas (BSP) said Monday.In a statement, the BSP said the total rediscounting loans availment of commercial, thrift and rural banks increased to P140.543 billion in September from P117.123...

Published on 10/13/2009, 4:20 AM by FilAmNation | 0 comment(s)

Tags: Demand for rediscounting loans climbs says Bangko Sentral

No need to adjust interest rates for now, says Bangko Sentral

The Bangko Sentral ng Pilipinas (BSP) may continue to keep its interest rates low amid signs of an improvement in foreign capital inflows in the second half of the year.“Looking further ahead, however, one important risk that we are seeing for monetary policy, apart from the volatility of...

Published on 8/13/2009, 8:00 AM by FilAmNation | 0 comment(s)

Tags: No need to adjust interest rates for now says Bangko Sentral

No inflation uptick due to higher fuel prices, says Bangko Sentral

Inflation is unlikely to accelerate despite rising international oil prices due to the slow recovery of the global economy, the Bangko Sentral ng Pilipinas (BSP) said.In a statement, BSP Deputy Governor Diwa Guinigundo said higher oil prices could only be sustained if the world economy will grow...

Published on 6/17/2009, 6:31 AM by FilAmNation | 0 comment(s)

Tags: No inflation uptick due to higher fuel prices says Bangko Sentral

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