Tag page - reverse repurchase (RRP)

The Monetary Board (MB) has announced a second reduction in policy rates by 25 basis points for 2024 while noting that it will “maintain a measured approach in its easing cycle.” In a statement, the Bangko Sentral ng Pilipinas said the MB decided to reduce the Target Reverse Repurchase (RRP)...

As expected, the Bangko Sentral ng Pilipinas’ (BSP) Monetary Board has decided to reduce its target reverse repurchase (RRP) or policy rate by 25 basis points (bps) to 6.25 percent. The last time the BSP cut the benchmark rate was on Nov. 19, 2020, also by 25 bps from 2.25 percent to two percent....

With weak demand and risk-aversion, big banks’ lending growth further slowed down to 1.9 percent in October from 2.6 percent in September, based on Bangko Sentral ng Pilipinas (BSP) data. Domestic liquidity (M3) or the amount of money supply circulating in the financial system, in the meantime,...

MB File The Monetary Board of the Bangko Sentral ng Pilipinas (BSP) has  decided to leave the key policy rate or overnight reverse repurchase (RRP) rate unchanged on Thursday, citing continued appropriate policy settings and benign inflation. In the same meeting, the seven-member BSP...