Philippines Interest Rate Decision

PHP
Actual
6.25%
Forecast
6.25%
Previous
6.00%
Latest Release
Mar 23, 2023
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
Mar 23, 2023 09:00 6.25% 6.25%
6.00%
Feb 16, 2023 09:00 6.00% 6.00%
5.50%
Dec 15, 2022 09:00 5.50% 5.50%
5.00%
Nov 17, 2022 09:00 5.00% 5.00%
4.25%
Sep 22, 2022 09:00 4.25% 4.25%
3.75%
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