Philippine Economy Talk

**Monseratto** · September 5th, 2019 10:25 AM

JUST IN: Philippine employment rate for July 2019 at 94.6%.
Number of employed persons: 42.95 million.

Unemployment rate at 5.4%.
Number of unemployed persons rise by 4.4%, equivalent to 2.43 million people.

Inflation continues downtrend at 1.7% in August 219

MANILA, Philippines – Prices rose at a much slower pace of 1.7% in August, the Philippine Statistics Authority announced on Thursday, September 5.

The latest figure is lower than the 2.4% inflation rate in July, and is the lowest since October 2016, when the inflation rate was 1.8%.

It is also lower than the government's target range of 2% to 4%

**uls** · September 26th, 2019 06:23 PM

BSP rate cut

**uls** · September 27th, 2019 07:43 PM

Bangko Sentral announces another cut in banks' reserve requirement | Philstar.com

MANILA, Philippines — The Bangko Sentral ng Pilipinas announced Friday a new round of reduction in the amount of cash banks must hold as reserves in a bid to inject more liquidity into the financial system amid easing inflation and concerns about economic growth.

The BSP said it decided to trim the reserve requirement ratio, or RRR, by 100 basis points (one percentage point) to 15% for universal banks, 5% for thrift banks and 3% for rural banks effective November.

lower RRR means banks can lend out more money

**Monseratto** · September 27th, 2019 08:02 PM

Originally Posted by uls

Bangko Sentral announces another cut in banks' reserve requirement | Philstar.com

lower RRR means banks can lend out more money

Instead of going 52 plus, peso closed at 51.90....

**ray_noel** · September 27th, 2019 08:55 PM

Originally Posted by uls

Bangko Sentral announces another cut in banks' reserve requirement | Philstar.com

lower RRR means banks can lend out more money

Possible with low interest rate bruh?

Sent from my iPhone XS Max using Tapatalk

**uls** · September 27th, 2019 09:11 PM

Originally Posted by ray_noel

Possible with low interest rate bruh?

Sent from my iPhone XS Max using Tapatalk

naka 3 rate cuts na bsp this year

**uls** · September 27th, 2019 09:14 PM

Originally Posted by Monseratto

Instead of going 52 plus, peso closed at 51.90....

I think it's coz another rate cut isn't likely

PHP supported

**baludoy** · September 29th, 2019 09:05 AM

i hope the new P 5 coin would be easier to differentiate from the other coins this time around.

Sent from my ASUS_Z00AD using Tapatalk

**dr. d** · September 29th, 2019 10:17 AM

putting a hole into the coin is very easy and will make it very easy to differentiate from non-holey coins.
"pramis, hindi ko gagawing washer!"
heh heh.