Philippine Central Bank Raises Rates for Third Straight Meeting
Bangko Sentral ng Pilipinas raised its benchmark overnight reverse repurchase rate to 5.00% from 4.75%.
Last updated: 2026-08-27 10:28:44 ET
Bangko Sentral ng Pilipinas raised its benchmark overnight reverse repurchase rate to 5.00% from 4.75%.
The overnight index swaps market is pricing in nearly a 90% chance of a rate increase at the upcoming Bank of Japan meeting.
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