Bangko Sentral chief Diokno tests negative for COVID-19


Posted at Mar 18 2020 07:39 PM

Bangko Sentral ng Pilipinas Governor Benjamin Diokno. File

MANILA - Bangko Sentral ng Pilipinas Governor Benjamin Diokno is negative for COVID-19, the central bank chief said on Wednesday. 

Diokno told ABS-CBN News in a text message that Health Secretary Francisco Duque told him that he does not have the novel coronavirus. 

The central bank chief said last Friday that he would undergo testing for COVID-19 ahead of a monetary policy on Thursday. 

Diokno went on a self-quarantine after attending an event where he was exposed to a confirmed coronavirus case. 

"He will report for work tomorrow, just in time for the Monetary Board policy meeting," the BSP said in a statement. 

The BSP is expected to slash rates again to prop up the economy as the COVID-19 pandemic squeezes businesses and governments around the world. 

The US Federal Reserve, the European Central Bank, the Bank of Japan and several other major central banks have all slashed rates.

Diokno has said the Monetary Board is “ready to deploy any or all its policy tools, as appropriate, to address all challenges to our own financial markets and growth prospects.”  - With a report from Michelle Ong, ABS-CBN News