MANILA  -As expected, the Monetary Board (MB) raised the Bangko Sentral ng Pilipinas’ (BSP) key policy rate by 0.25 percentage point (ppt) or 25 basis points to 6.25 percent effective on March 24 as inflation remained high in February. Also, the interest rate on the overnight deposit was raised by as much to 5.75 percent … Continue reading As expected, Monetary Board raises key policy rate to 6.25%