Philippine central bank hikes interest rates by 25 basis points

8/28/2008 6:40:57 PM   Source:chinaview.cn    Author:    [Font Size:Bigger Middle Smaller]

MANILA, Aug. 28 (Xinhua) -- The Philippine central bank BSP decided Thursday to raise its interest rates by 25 basis points, as inflation in August is expected to come in a range of 11.8 percent to 12.6 percent.

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