BusinessWorld E-paper
October 30, 2023
THE PHILIPPINE central bank is more likely to keep its key policy rate unchanged than hike by 25 basis points (bps) at its Nov. 16 meeting, its governor said.
Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona, Jr. said on Friday that while a rate hike is always possible, upcoming economic data would still dictate its next policy move.