Philippines Maintains Key Policy Rates Philippine monetary officials Thursday decided to maintain policy rates despite the increase in inflation in recent months. The overnight borrowing or reverse repurchase (RRP) facility still stands at 3.50% while overnight lending or repurchase (RP) remains at 5.50%. The interest rates on term RRPs, RPs and special deposit accounts were ...
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Philippines Economy: Agriculture and Energy The Philippine Chamber of Commerce and Industry (PCCI) recommended various initiatives, from agricultural modernization to establishing an energy reserves market, to boost the country’s competitiveness and drive for inclusive growth. During the 39th Philippine Business Conference and Expo, PCCI said that the government must speed up the delivery of key ...
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