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Philippines Interest Rate Decision

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Philippines Interest Rate Decision

Frequency

Delivery Method

Website popup

Mobile App notifications

Status

 
Latest Release
Jul 12, 2021
Actual
2.00%
Previous
2.00%
The Monetary Policy Committee votes on where to set the overnight interest rate. Traders watch interest rate changes closely as short term interest rates are the primary factor in currency valuation.
A higher than expected reading should be taken as positive/bullish for the PHP , while a lower than expected reading should be taken as negative/bearish for the PHP.
Importance:
Country:
Currency: PHP
Source: Bangko Sentral ng Pilipinas
Philippines Interest Rate Decision
 
Release Date Time Actual Forecast Previous
Aug 12, 2021 04:00   2.00% 2.00%
Jul 12, 2021 04:00 2.00%   2.00%
Jun 24, 2021 04:00 2.00% 2.00% 2.00%
May 12, 2021 04:00 2.00%   2.00%
Mar 25, 2021 04:00 2.00% 2.00% 2.00%
Feb 11, 2021 04:00 2.00% 2.00% 2.00%

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Interest Rate Decision Discussion

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