Economist says SDA rate cut to free up P60 billion

Posted at Jan 25 2013 04:57 PM | Updated as of Jan 26 2013 12:57 AM

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The Bangko Sentral ng Pilipinas surprised many on Thursday when as expected kept its benchmark interest rate steady, but cut the rate on its special deposit accounts. Lois Calderon reports on how much money that could return to the economy. ANC News Now, January 25, 2013