Economics
Philippine Central Bank Says RRR Cut Is ‘On the Table’
- Any move will depend on GDP growth, inflation outlook
- Central bank says it’s ready to deploy support measures
Ayala Avenue in Makati City, Metro Manila, the Philippines.
Photographer: Veejay Villafranca/BloombergThis article is for subscribers only.
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A reduction in Philippine lenders’ reserve requirement ratio remains a possibility, the nation’s central bank said, a week ahead of its scheduled monetary policy meeting.