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MANILA (Reuters) –     The Philippine central bank cut its key interest rate by 25 basis points (bps) to 6.0% on Wednesday, its governor said, reducing the overnight borrowing rate for a second straight meeting as expected. Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona said the decision to cut rates was based on the central bank’s assessment that price pressures remained manageable. All 23 economists polled by Reuters had expected the …

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Philippine central bank cuts policy rate by 25 bps, as expected

The baht could appreciate beyond 33 to the dollar, from 33.40 as of Tuesday, if the Bank of Thailand decides to keep its policy interest rate unchanged at 2.50% on Wednesday, according to Kasikorn Research Center (K-Research).

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Baht gain likely if central bank leaves rate unchanged

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MANILA — The Philippine central bank cut its key interest rate by 25 basis points (bps) to 6.0% on Wednesday, its governor said, reducing the overnight borrowing rate for a second straight meeting as expected. Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona said the decision to cut rates was based on the central bank’s assessment that price pressures remained manageable. […] The post BSP cuts policy rate by 25 bps, as expected appeared f…

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BSP cuts policy rate by 25 bps, as expected

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Thailand Unexpectedly Cuts Rate for First Time Since 2020

By Reuters and published by CNA THAILAND’S central bank unexpectedly cut its key interest rate at a policy review today (Oct. 16), a move long called for by the government as needed to revive a sluggish economy with inflation below target. The central bank’s move follows five consecutive meetings where it held rates steady […]

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Central bank unexpectedly cuts key rate by 25 bps - Thai Newsroom

MANILA :The Philippine central bank reduced its key interest rate by 25 basis points on Wednesday for a second meeting, and left the door open to further cuts with medium-term inflation expected to stay within its 2 per cent-4 per cent target range. The cut, which was unanimously predicted by all 23 economists in a […]

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Baht Could Strengthen Beyond 33 to the Dollar as Analysts Anticipate Stable Policy Rate from Bank of Thailand  
PUBLISHED: 15 Oct 2024 at 20:09  
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The baht may appreciate beyond 33 to the dollar, rising from 33.40 as of Tuesday, if the Bank of Thailand maintains its policy interest rate at 2.50% during its upcoming meeting, according to insights from economists. Predictions indicate the Thai currency could fluctuate betwe…

ecnetnews.com

Baht Strength Expected if Central Bank Maintains Interest Rate

MANILA, Aug. 16 (Xinhua) — The Philippine central bank decided Wednesday to cut the bank’s target reverse repurchase rate by 25 basis points to 6 percent and adjusted the interest rates on the overnight deposit and lending facilities to 5.50 percent and 6.50 percent, respectively.
Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona said the adjusted rates will take effect on Thursday.
“The Monetary Board’s decision is based on its assessment…

Philippine central bank cuts policy rate by 25 bps, as expected

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