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BSP Rediscount Rates Effective 19 August 2024

PDate: 8/16/2024
Content: ​The Monetary Board on 15 August 2024 decided to reduce the BSP’s Target Reverse Repurchase Rate by 25 basis points to 6.25 percent. Accordingly, the interest rates on the overnight deposit and lending facilities were set to 5...
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BSP, DOLE Push for Digital Wage Payments

PDate: 8/16/2024
Content: ​BSP & DOLE PROMOTE DIGITAL WAGE PAYMENTS Bangko Sentral ng Pilipinas (BSP) Deputy Governor (DG) Bernadette Romulo-Puyat and Labor Assistant Secretary Amuerfina Reyes led the discussions on promoting digital wage payments ...
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BSP Releases 2023 Sustainability Report

PDate: 8/16/2024
Content: ​The Bangko Sentral ng Pilipinas (BSP) released today its 2023 Sustainability Report, which lays out the rationale and progress of its climate response.“A climate-resilient economy and financial stability are mutually reinforc...
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