Philippine central bank keeps policy rate steady at 6.50%


FILE PHOTO: A logo of Bangko Sentral ng Pilipinas is seen at their main building in Manila

MANILA,: The Philippine central bank kept rates steady at 6.50% for a sixth straight meeting on Thursday, its governor said.

All 25 economists in a Reuters poll had expected the Bangko Sentral ng Pilipinas (BSP) to keep its target reverse repurchase rate unchanged. - Reuters

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