{
    "success": true,
    "data": {
        "id": 1544600,
        "msgid": "rp-raises-lending-rates-1447893297",
        "date": "1997-08-05 00:00:00",
        "title": "RP raises lending rates",
        "author": null,
        "source": "AFP",
        "tags": null,
        "topic": null,
        "summary": "RP raises lending rates MANILA (AFP): The Philippine central bank yesterday raised its overnight lending rate to 26 percent from 22 percent, while maintaining the overnight borrowing rate at 20 percent, dealers said. \"The central bank raised its lending rate in anticipation of tight liquidity in the overnight market as banks start covering the higher reserve liquidity requirement of the central bank,\" a foreign bank trader said.",
        "content": "<p>RP raises lending rates<\/p>\n<p>MANILA (AFP): The Philippine central bank yesterday raised its<br>\novernight lending rate to 26 percent from 22 percent, while<br>\nmaintaining the overnight borrowing rate at 20 percent, dealers<br>\nsaid.<\/p>\n<p>\"The central bank raised its lending rate in anticipation of<br>\ntight liquidity in the overnight market as banks start covering<br>\nthe higher reserve liquidity requirement of the central bank,\" a<br>\nforeign bank trader said.<\/p>\n<p>The central bank recently raised the liquidity reserve<br>\nrequirements of banks to four percent from two percent.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/rp-raises-lending-rates-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}