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× BSP plays it safe by keeping rates high

The inflation rate may be on the downtrend over the last two months, but the central bank wants to see more proof of easing prices before it allows more cash to return to the financial system to feed the growing Philippine economy.


On Thursday---at its first meeting this year---the Monetary Board of the Bangko Sentral ng Pilipinas opted to keep its key interest rates unchanged, dashing hopes…

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