Philippines deposit interest rate

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Philippines deposit interest rate closed down 6 as of June 30, 2024 from 6 from the previous day, 6 last week and 5 last month.

Philippines deposit interest rate Analytics & Data





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Philippines deposit interest rate Historical Data

DateClose
2024-06-30 6
2024-05-31 6
2024-04-30 6
2024-03-31 6
2024-02-29 6
2024-01-31 6
2023-12-31 6
2023-11-30 6
2023-10-31 6
2023-10-26 5.75
2023-09-30 5.75
2023-08-31 5.75
2023-07-31 5.75
2023-06-30 5.75
2023-05-31 5.75
2023-05-31 5.75
2023-05-31 5.75
2023-05-31 5.75
2023-04-30 5.75
2023-03-31 5.75
2023-02-28 5
2023-01-31 5
2022-12-31 5
2022-11-30 4.5
2022-10-31 3.75
2022-09-30 3.75
2022-08-31 3.25
2022-07-31 2.75
2022-06-30 2
2022-06-23 2
2022-05-31 1.75
2022-04-30 1.5
2022-03-31 1.5
2022-02-28 1.5
2022-01-31 1.5
2021-12-31 1.5
2021-11-30 1.5
2021-10-31 1.5
2021-09-30 1.5
2021-08-31 1.5
2021-07-31 1.5
2021-07-12 1.5
2021-06-30 1.5
2021-05-31 1.5
2021-04-30 1.5
2021-03-31 1.5
2021-02-28 1.5
2021-01-31 1.5
2020-12-31 1.5
2020-11-30 1.5
2020-11-19 1.5
2020-10-31 1.75
2020-10-01 1.75
2020-09-30 1.75
2020-08-31 1.75
2020-07-31 1.75
2020-06-30 1.75
2020-05-31 2.25
2020-04-30 2.25
2020-03-31 2.75

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Philippines deposit interest rate Statistics

SecuritySymbolLastMomentumTrendOscillator1D%1W%1M%1Y%
Philippines deposit interest rateph.depositrate0000

Philippines deposit interest rate Factors

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Philippines deposit interest rate Historical Data

The MacroVar database offers free access to historical data for the Philippines deposit interest rate, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Philippines deposit interest rate data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Philippines deposit interest rate

The Philippines deposit interest rate refers to the percentage of interest that banks in the Philippines offer to account holders on their deposited funds. This rate is set by the central bank of the Philippines, Bangko Sentral ng Pilipinas, and can vary depending on economic conditions and monetary policy. A higher deposit interest rate means that account holders can earn more money on their savings, while a lower rate may result in lower returns. This rate is important for individuals and businesses to consider when choosing where to deposit their money, as it can impact their overall financial growth and stability.