BSP Hikes Interest Rate By Another 25 Basis Points
Another smaller rate hike for March. Has the inflationary trend finally peaked?
Another smaller rate hike for March. Has the inflationary trend finally peaked?
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Local currency hits all-time low.
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LTFRB is coordinating with public utility bus consortia for the next batch of payments.
This rate hike was also implemented outside of the regular policy meeting.
Check out what else the latest BSP survey reveals.
All regions are slated to have a minimum wage increase and are expected to be implemented across the country by the end of this month.
The hourly basic rate is calculated by dividing the basic monthly rate by 22 working days and then dividing the quotient by eight hours.