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Inflation Targeting: The BSP's Approach to Monetary Policy
Schedule of Meetings of the Advisory Committee and Monetary Board on Monetary Policy
Monetary Policy Decisions
Highlights of the MB Meetings on Monetary Policy
Inflation Report
Open Letter to the President
Monetary Operations
Glossary of Terms

Monetary Policy Decisions

2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 |

2016

23 June

The Monetary Board decided to maintain the interest rate on the BSP’s overnight reverse repurchase (RRP) facility at 3.0 percent. The corresponding interest rates on the overnight lending and deposit facilities were also kept steady. The reserve requirement ratios were likewise left unchanged.

11 February, 23 March, 12 May

The Monetary Board decided to maintain the BSP's key policy rates at 4.00 percent for the overnight borrowing or reverse repurchase (RRP) facility and 6.00 percent for the overnight lending or repurchase (RP) facility.  The interest rates on term RRPs, RPs and special deposit accounts (SDA) were also kept steady. The reserve requirement ratios were likewise left unchanged.

2015

12 February, 26 March, 14 May, 25 June, 13 August, 24 September, 12 November, 17 December

The Monetary Board decided to maintain the BSP's key policy rates at 4.00 percent for the overnight borrowing or reverse repurchase (RRP) facility and 6.00 percent for the overnight lending or repurchase (RP) facility.  The interest rates on term RRPs, RPs and special deposit accounts (SDA) were also kept steady. The reserve requirement ratios were likewise left unchanged.

 

 
 
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