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+ Follow ECONOMIC PLANNING DIRECTOR DENNIS ARROYO Tag
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[ArticleID] => 381746
[Title] => BSP keeps policy rates steady
[Summary] =>
The Bangko Sentral ng Pilipinas (BSP) decided yesterday to keep its benchmark interest rates unchanged, while keeping lower payments for larger deposits to spur lending and boost economic growth.
The BSP maintained its overnight policy rate at 7.5 percent for deposits of up to P5 billion and kept lower payments for higher amounts, BSP Deputy Governor Diwa Guinigundo said yesterday.
The BSP also maintained its overnight lending rate at 9.75 percent.
[DatePublished] => 2007-01-26 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
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ECONOMIC PLANNING DIRECTOR DENNIS ARROYO
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 381746
[Title] => BSP keeps policy rates steady
[Summary] =>
The Bangko Sentral ng Pilipinas (BSP) decided yesterday to keep its benchmark interest rates unchanged, while keeping lower payments for larger deposits to spur lending and boost economic growth.
The BSP maintained its overnight policy rate at 7.5 percent for deposits of up to P5 billion and kept lower payments for higher amounts, BSP Deputy Governor Diwa Guinigundo said yesterday.
The BSP also maintained its overnight lending rate at 9.75 percent.
[DatePublished] => 2007-01-26 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
By Des Ferriols | January 26, 2007 - 12:00am
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A low-pressure area (LPA) has developed into a tropical cyclone and is set to enter the Philippine area of responsibility (PAR) tonight or tomorrow morning, the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) reported.
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A low-pressure area spotted over Eastern Visayas may develop into a tropical cyclone this weekend and will enhance the southwest monsoon, according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration.
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The Philippine Atmospheric, Geophysical and Astronomical Services Administration has launched a new app that can give timely weather alerts to users.
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