BusinessWorld E-paper
June 19, 2026
THE BANGKO SENTRAL ng Pilipinas (BSP) raised interest rates for a second straight meeting on Thursday and signaled further measured hikes amid broadening spillover effects of oil shocks stemming from the Middle East war.
The Monetary Board raised the target reverse repurchase rate by 25 basis points (bps) to 4.75%, matching the benchmark rate set in October 2025. This was the highest rate in nearly a year or since the 5% in August last year.
