WHAT IS THE ROLE OF CENTRAL BANK/BANGKO SENTAL NG PILIPINAS IN THE DEVELOPMENT OF MONEY?
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WHAT IS THE ROLE OF CENTRAL BANK/BANGKO SENTAL NG PILIPINAS IN THE DEVELOPMENT OF MONEY?
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Answer:
The BSP's main responsibility is to formulate and implement policy in the areas of money, banking and credit with the primary objective of preserving price stability. ... By keeping price stable, the BSP helps ensure strong and sustainable economic growth and better living standards.
Answer:
THE ROLE OF THE CENTRAL BANKOR BANGKO CENTRAL NG PILIPINAS IN THE DEVELOPMENT OF MONEY IS TO MAINTAIN PRICE STABILITY CONDUCIVE TO BALANCED AND SUSTAINABLE ECONOMIC GROWTH.
Explanation:
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