PDate: 4/8/2024
Content: At its meeting today, the Monetary Board decided to retain the BSP’s Target Reverse Repurchase (RRP) Rate at 6.50 percent. Thus, the interest rates on the overnight deposit and lending facilities also remain at 6.0 percent and ...

PDate: 4/8/2024
Content: ​Effective 11 April 2024, the applicable rediscount rates for the Bangko Sentral ng Pilipinas (BSP) Peso Rediscount Facility and Exporters’ Dollar and Yen Rediscount Facility are as follows:a. Peso Rediscount Facility ...

PDate: 4/6/2024
Content: ​The country’s gross international reserves (GIR) level, based on preliminary data, rose to US$104.0 billion as of end-March 2024 from the end-February 2024 level of US$102.0 billion.1 The latest GIR level represents a more tha...

PDate: 4/6/2024
Content: ​Headline inflation increased to 3.7 percent year-on-year in March from 3.4 percent in February. This is within the BSP’s forecast range of 3.4 – 4.2 percent for the month. The resulting year-to-date average of 3.3 percent was ...