Central bank rate changes on 20 May 2022

On 20 May 2022, 2 central banks we track changed their policy rate: the South African Reserve Bank raised its Repo rate by 50 bp to 4.75 % and the Bangko Sentral ng Pilipinas raised its Target reverse repurchase rate by 25 bp to 2.25 %.

Changes

Set by	Rate	Change
South African Reserve Bank · South Africa	4.75 %	↑ raised +50 bp
Bangko Sentral ng Pilipinas · Philippines	2.25 %	↑ raised +25 bp

Dates are the day a new rate took effect. Some banks announce a few days earlier; the announcement date is shown where we know it.