Sixteen of 23 economists polled by Reuters had expected the Bangko Sentral ng PIlipinas (BSP) to keep its benchmark interest rate unchanged
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The Philippine central bank on Thursday kept its policy rate steady at 6.5%, as expected.
Sixteen of 23 economists polled by Reuters had expected the Bangko Sentral ng PIlipinas (BSP) to keep its benchmark interest rate unchanged, while the rest had predicted a quarter percentage-point hike.
(Reporting by Mikhail Flores and Neil Jerome Morales)
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