Tag: Monetary Board
Philippine Inflation in August Aligns with BSP Forecast at 3.3%
The Bangko Sentral ng Pilipinas (BSP) had anticipated the recorded 3.3% inflation rate for August 2024.
According to the BSP, this inflation figure aligns with...
BSP Terminates Contract with National ID Supplier
The Bangko Sentral ng Pilipinas (BSP) has officially terminated its contract with the supplier of the National ID, citing non-compliance with the terms outlined...
Monetary Board Reduces Target RRP Rate by 25 Basis Points
At its monetary policy meeting today, the Monetary Board decided to reduce the BSP’s Target Reverse Repurchase (RRP) Rate by 25 basis points to 6.25 percent....
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