By Katherine K. Chan, Reporter
THE BANGKO SENTRAL ng Pilipinas (BSP) tightened for a third straight meeting on Thursday, leaving the door open for further hikes amid looming inflationary pressures and solid medium-term growth prospects.
The Monetary Board raised the target reverse repurchase rate by 25 basis points (bps) to 5%, the highest in over a year or since the 5.25% in June 2025. This also matched the benchmark rate set in August 2025.
Rates on the overnight deposit and lending facilities were also lifted by 25 bps each to 4.5% and 5.5%, respectively.
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