![philippinescentralbank nov15 25jun20][1]
The Philippine central bank lowered its interest rate unexpectedly by 50 basis points to spur growth as measures to combat the coronavirus, or Covid-19, weighed on economic activity. The Monetary Board of the Bangko Sentral ng Pilipinas, or BSP, on Thursday, slashed the overnight reverse repurchase facility rate by 50 basis points to a record 2.25 percent. [Read more…][2]
The Philippine central bank lowered its interest rate unexpectedly by 50 basis points, on Thursday. The Monetary Board of the Bangko Sentral ng Pilipinas, or BSP, slashed the overnight reverse repurchase facility rate by 50 basis points to 2.25 percent. The bank was expected to leave its rate unchanged. The… [Read more…][3]
Japan’s all industry activity declined for the third straight month in April, figures from the Ministry of Economy, Trade and Industry showed on Thursday. The all industry activity index fell 6.4 percent month-on- month in April, following a 3.4 percent decline in March. Among components, construction… [Read more…][4]
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- www.rttnews.com/3106379/philippine-cb-slashes-rate-unexpectedly.aspx?type=aeco
- www.rttnews.com/3106242/philippine-central-bank-cuts-rate-unexpectedly.aspx?type=aeco
- www.rttnews.com/3106157/japan-all-industry-activity-falls-for-third-month.aspx?type=aeco
- www.rttnews.com/list/asian-economic-news.aspx