1998 Philippine Interest Rates
…
Is this Essay helpful? Join now to read this particular paper
and access over 480,000 just like this GET BETTER GRADES
and access over 480,000 just like this GET BETTER GRADES
…As a response to this, the government allowed banks to increase interest rates to control money supply to strengthen the peso. The Ramos administration also is suffering a liquidity problem and to solve this it has resorted to increasing interest rates on treasury bills to as high as 20% in other to attract capital. (http://www.geocities.com/ CapitolHill/Lobby/4677/rates.htm)
Annual 18.392
Jan 21.143
Feb 18.286
March 16.568
April 14.876
May 13.700
June 12.885
July 13.093
Aug 13.189
September 12.979
Oct 12.975
Nov 12.475
Dec 12.401
Quarterly
20.432
17.044
15.277
14.404
Need a custom written paper? Let our professional writers save your time.