BSP, muling ibinaba ang interest rate ngayong Oktubre; posibleng bumaba pa sa Disyembre | 24 Oras - video Dailymotion

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Transcript

00:00The Central Bank of the Philippines is lowering its key interest rate by 25 basis points

00:06amid the expected stable inflation rate.

00:09Starting tomorrow, the target reverse repurchase rate of BSP will only be at 6%,

00:15the lowest since February of last year.

00:19Its effect is that the interest rate will drop by 5.5% in the overnight deposit

00:25and 6.5% in the lending facilities.

00:29The interest rate may drop again in December, according to BSP.

00:33The drop in the interest rate means that the interest of the loan will be lower in the bank.

00:39This may be a hindrance to the planned loans.

00:55The Central Bank of the Philippines is lowering its key interest rate by 25 basis points

01:00amid the expected stable inflation rate of BSP.

01:03The target reverse repurchase rate of BSP will only be at 6%,

01:08the lowest since February of last year.

01:11Its effect is that the interest rate will drop again in December,

01:15according to BSP.

01:17The interest rate may drop again in December,

01:21according to BSP.

BSP, muling ibinaba ang interest rate ngayong Oktubre; posibleng bumaba pa sa Disyembre | 24 Oras

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