Central Bank RatesPhilippines policy rate in 2002 (3 changes)
Start of year7.75%
End of year7.00%Dec 27, 2002
Net change-75 bp0 hikes, 3 cuts
Average7.098%
Rank by level11 / 34
Changes in 2002
| Date | From | To | Change |
|---|---|---|---|
| Jan 18, 2002 | 7.75% | 7.50% | cut -25 bp |
| Feb 15, 2002 | 7.50% | 7.25% | cut -25 bp |
| Mar 15, 2002 | 7.25% | 7.00% | cut -25 bp |
Compared with other areas at the end of 2002
44%
25%
21%
15.22%
13.5%
9.5%
8.9%
8.5%
8.25%
7.5%
7%
6.75%
6.5%
5.75%
5.63%
5.31%
5.25%
5%
4.75%
4.25%
4%
3.75%
3.25%
3.25%
3%
2.95%
2.75%
2.75%
2.75%
2.75%
2%
1.75%
1.25%
0.75%
Year-end rate over time
5%
4.5%
5.75%
6.5%
5.5%
2%
2%
4%
4.75%
3%
3%
4%
4%
3.5%
3.5%
4.5%
4%
4%
5.5%
5.25%
7.5%
7.5%
6.75%
6.75%
7%
7.75%
13.5%
2002: hikes and cuts worldwide →
Daily policy-rate data compiled by the BIS. Not investment advice.