81.   The overnight rate has been its main weapon in fighting off speculative attacks on the peso, since higher rates make peso-denominated investments more attractive.

82.   The overnight rate is expected to settle unchanged.

83.   The overnight rate, the rate at which the Bangko Sentral ng Pilipinas is willing to lend to banks, is now at its lowest level since November.

84.   The overnight rate -- what banks charge each other for overnight loans -- is currently trading below the discount rate.

85.   The overnight rate had already been slipping in the last few weeks.

86.   The overnight rate is what banks charge customers, usually companies and other banks, for short-term borrowing.

87.   The overnight rate, what banks charge each other, is even lower.

88.   The reduction in the overnight rate could ease concerns commercial lending rates will rise, increasing borrowing costs for companies.

89.   The reduction in the overnight rate could ease concerns commercial lending rates will rise, increasing the cost of mortgages for houses and condominiums.

90.   The soaring overnight rate already caused benchmark borrowing rates to rise.