Philippines interest rate

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Philippines interest rate closed down 6.5 as of June 27, 2024 from 6.5 from the previous day, 6.5 last week and 4.25 last month.

Philippines interest rate Analytics & Data





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Philippines interest rate Historical Data

DateClose
2024-06-27 6.5
2024-05-16 6.5
2024-04-08 6.5
2024-03-31 6.5
2024-02-15 6.5
2024-01-31 6.5
2023-12-14 6.5
2023-11-16 6.5
2023-10-26 6.5
2023-09-21 6.25
2023-08-17 6.25
2023-07-31 6.25
2023-06-22 6.25
2023-05-18 6.25
2023-04-30 6.25
2023-03-23 6.25
2023-02-16 6
2023-01-31 5.5
2022-12-15 5.5
2022-11-17 5
2022-10-31 4.25
2022-09-22 4.25
2022-08-18 3.75
2022-07-14 3.25
2022-06-23 2.5
2022-05-19 2.25
2022-04-30 2
2022-03-24 2
2022-02-17 2
2021-12-16 2
2021-11-11 2
2021-10-31 2
2021-09-23 2
2021-08-12 2
2021-07-31 2
2021-07-12 2
2021-06-24 2
2021-05-12 2
2021-04-30 2
2021-03-25 2
2021-02-11 2
2021-01-31 2
2020-12-17 2
2020-11-19 2
2020-10-01 2.25
2020-09-30 2.25
2020-08-20 2.25
2020-07-31 2.25
2020-06-25 2.25
2020-05-31 2.75
2020-05-21 2.75
2020-04-16 2.75
2020-03-19 3.25
2020-02-19 3.25
2020-02-06 3.75
2020-01-31 4
2019-12-12 4
2019-11-14 4
2019-10-31 4
2019-09-26 4

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Philippines interest rate Statistics

SecuritySymbolLastMomentumTrendOscillator1D%1W%1M%1Y%
Philippines interest rateph.interestrate0000

Philippines interest rate Factors

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Philippines interest rate Historical Data

The MacroVar database offers free access to historical data for the Philippines 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 interest rate data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Philippines interest rate

The interest rate in the Philippines refers to the rate at which individuals and businesses can borrow money from financial institutions. It is set by the Bangko Sentral ng Pilipinas, the country's central bank, and plays a crucial role in the economy by influencing borrowing, spending, and investment decisions. A lower interest rate encourages borrowing and spending, stimulating economic growth, while a higher interest rate can help control inflation by reducing borrowing and spending. The Philippines' interest rate is influenced by various factors, including inflation, economic growth, and global economic conditions. Investors and consumers closely monitor changes in the interest rate as it can have a significant impact on their financial decisions.

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