MANILA, Jan 7 (Reuters) - The Philippine central bank is reviewing the rate at which it lends short-term money to banks under a rediscounting facility, Governor Amando Tetangco said on Thursday, a move he said signals the start of its exit strategy.
"We are keeping the rediscounting budget at the moment but we are reviewing the rate," Tetangco told reporters.
When asked if the move was the start of the central bank's exit strategy, Tetangco said: "Yes. We start with liquidity (measures) before policy."
(Reporting by Karen Lema)