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Philippine c. bank to maintain accommodative measures to help recovery

FILE PHOTO: FILE 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. REUTERS/Romeo Ranoco/File Photo/File Photo

MANILA (Reuters) – The Philippine central bank will continue to maintain accommodative monetary policy as long as necessary to further allow the economy to recovery faster, its Governor Benjamin Diokno said on Thursday.

The central bank has kept interest rates steady at a record low for four consecutive meetings.

(Reporting by Neil Jerome Morales; Editing by Martin Petty)

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