Philippine Economy Talk

[threx666]

don't feed the trolls folks

[uls]

if inflation stays tame, the next thing BSP will do is cut banks' RRR (the amount banks are required to hold in reserve)

na-pause ung RRR cuts last year dahil sa tumataas na inflation


-

when banks are required to hold less money in reserve that means they can lend out more money

[ray_noel]

if inflation stays tame, the next thing BSP will do is cut banks' RRR (the amount banks are required to hold in reserve)

na-pause ung RRR cuts last year dahil sa tumataas na inflation


-

when banks are required to hold less money in reserve that means they can lend out more money

Does it mean, less RRR less interest rates or it has nothing to do with interest rates the banks can offer?


Sent from my iPhone XS Max using Tapatalk

[Monseratto]

Who said dead tycoon leaves no problem....

19feb3-Battle royal looms over mogul’s estate – ManilaMail.com

On his business empire depend thousands of workers and employees in various companies, some of which are blue chip and publicly listed, while some are in joint venture with large foreign firms. The second wife’s family controls many of the blue chip corporations.

He was also into auto, property development, power generation and insurance. As a young entrepreneur who had experienced difficulty borrowing from a bank, he decided to put up his own. That bank is now one of the country’s largest and most trusted.

[boybi]

Who said dead tycoon leaves no problem....

19feb�3-Battle royal looms over mogul’s estate – ManilaMail.com

Will this have an effect on his bank?

[uls]

Does it mean, less RRR less interest rates or it has nothing to do with interest rates the banks can offer?


Sent from my iPhone XS Max using Tapatalk

lower RRR means banks can free up more funds for loans rather than holding in reserve

interest rates is a different BSP tool

[uls]

Will this have an effect on his bank?

i think wala coz the bank is a publicly listed company run by professional managers

the quarrel over inheritance shouldn't have an effect on day-to-day operations of the bank

[Monseratto]

Dollar rate today...

[uls]

^^^

thanks to the Fed

the shift from hawkish to dovish stance is good for EM currencies

[uls]

PH December trade data

Exports -12.3% YoY

Imports -9.4% (well that's good for PHP humina imports = less demand for $$$)