PHOTO
A logo of Bangko Sentral ng Pilipinas (Central Bank of the Philippines) is seen at their main building in Manila, Philippines March 23, 2016. Romeo Ranoco, Reuters Image for illustrative purpose.
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)
