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The Philippine Deposit Insurance Corporation (PDIC) continues to demonstrate its steadfast commitment to protect the welfare of depositors affected by bank
Philippines tipped to be Southeast Asia’s growth leader Asia News Network (ANN) is the leading regional alliance of news titles striving to bring the region closer, through an active sharing of editorial content on happenings in the region.
The Bangko Sentral ng Pilipinas kept its policy rates unchanged on Thursday and signaled that the policy needs to remain tight for the foreseeable future. The Monetary Board, led by Governor Eli Remolona, left the target reverse repurchase rate unchanged at 6.
The Bangko Sentral ng Pilipinas leaves its key rate unchanged as inflation and the peso find some stability
MANILA :The Philippine central bank kept its benchmark interest rate steady at 6.50 per cent for a second straight meeting on Thursday as price pressures have started to ease, but said policy would have to stay "sufficiently tight" to bring inflation back to target. All but one of the 24 economists in a Dec.