Philippines leaves key rate steady as economic outlook improves as Covid-19 cases decreases


Health workers prepare to be inoculated with Pfizer's Covid-19 vaccine at the National Kidney and Transplant Institute in Quezon City. he government has started inoculating booster shots to fully vaccinated frontline workers as it eases health restrictions while active Covid-19 cases continue to decline in the country. - AP

MANILA, Nov 20 (Bloomberg): The Philippine central bank held its key interest rate steady for an eighth straight meeting to help support the economy that’s now picking up steam.

Bangko Sentral ng Pilipinas left the benchmark rate at 2% this week as predicted by all 20 economists in a Bloomberg survey.

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Philippines , Bank Rates , Staying Steady

   

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