Philippines Interest Rate Decision

PHP
Actual
6.50%
Forecast
6.50%
Previous
6.50%
Latest Release
Jun 27, 2024
Importance
Overview
The Monetary Policy Committee votes on where to set the overnight interest rate. Traders watch interest rate changes closely as short term interest rates are the primary factor in currency valuation.
A higher than expected reading should be taken as positive/bullish for the PHP , while a lower than expected reading should be taken as negative/bearish for the PHP.
Historical Data
Release Date
Time
Actual
Forecast
Previous
Jun 27, 2024 09:00 6.50% 6.50%
6.50%
May 16, 2024 09:00 6.50% 6.50%
6.50%
Apr 08, 2024 09:00 6.50% 6.50%
6.50%
Feb 15, 2024 09:00 6.50% 6.50%
6.50%
Dec 14, 2023 09:00 6.50% 6.50%
6.50%
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