^
+ Follow MANAGING DIRECTOR DIWA GUINIGUNDO Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 262759
                    [Title] => Inflation seen above 7% in 2005 as BSP maintains rates
                    [Summary] => The country’s  inflation rate is expected to surge above seven  percent in 2005  due to  a shortage in  supply of   certain agricultural goods, aggravated by the impact of the increase in world  oil prices as well as the possible adjustment in wages.


This scenario loomed yesterday as the Bangko Sentral ng Pilipinas (BSP) decided to keep key overnight interest rates unchanged at 6.75 percent for borrowing and nine percent for lending.
[DatePublished] => 2004-08-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 99122 [Title] => BSP ups rates anew to ease pressure on peso [Summary] =>

The Bangko Sentral ng Pilipinas (BSP) raised yesterday its key interest rates by half a percentage point for the second time in three days to ease speculative pressure on the peso and to preempt the anticipated increase in US interest rates when the US Federal Open Market Committee meets again in July.

Just two days earlier, the BSP increased its overnight rates by half a percentage point to match a similar increase in US rates.

The rate hike, which took effect yesterday, pushed the BSP's overnight borrowing rate to 10 percent and the lending rate to 12.25 percent.

"T [DatePublished] => 2000-05-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1197311 [AuthorName] => by Jun Ebias [SectionName] => Business [SectionUrl] => business [URL] => ) ) )

MANAGING DIRECTOR DIWA GUINIGUNDO
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 262759
                    [Title] => Inflation seen above 7% in 2005 as BSP maintains rates
                    [Summary] => The country’s  inflation rate is expected to surge above seven  percent in 2005  due to  a shortage in  supply of   certain agricultural goods, aggravated by the impact of the increase in world  oil prices as well as the possible adjustment in wages.


This scenario loomed yesterday as the Bangko Sentral ng Pilipinas (BSP) decided to keep key overnight interest rates unchanged at 6.75 percent for borrowing and nine percent for lending.
[DatePublished] => 2004-08-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 99122 [Title] => BSP ups rates anew to ease pressure on peso [Summary] =>

The Bangko Sentral ng Pilipinas (BSP) raised yesterday its key interest rates by half a percentage point for the second time in three days to ease speculative pressure on the peso and to preempt the anticipated increase in US interest rates when the US Federal Open Market Committee meets again in July.

Just two days earlier, the BSP increased its overnight rates by half a percentage point to match a similar increase in US rates.

The rate hike, which took effect yesterday, pushed the BSP's overnight borrowing rate to 10 percent and the lending rate to 12.25 percent.

"T [DatePublished] => 2000-05-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1197311 [AuthorName] => by Jun Ebias [SectionName] => Business [SectionUrl] => business [URL] => ) ) )

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