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Bangko Sentral ng Pilipinas Raises Key Interest Rate to 5% Amid Inflation Concerns

Philippines

Bangko Sentral ng Pilipinas Raises Key Interest Rate to 5% Amid Inflation Concerns

The Bangko Sentral ng Pilipinas has raised its key policy rate to 5% as it responds to ongoing inflationary pressures, including volatile oil prices and potential agricultural impacts from El Niño.

By Paolo Mercado28 August 2026

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