What is the monetary policy of the Philippines

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03-01-2021
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What is the monetary policy of the Philippines

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Melinbautista82idn Melinbautista82idn · Answer 1 · 2021-01-03T10:27:34+08:00

Melinbautista82idn Melinbautista82idn

03-01-2021

Answer:

Monetary policy is the monitoring and control of money supply by a central bank, such as the Federal Reserve Board in the United States of America, and the Bangko Sentral ng Pilipinas in the Philippines. This is used by the government to be able to control inflation, and stabilize currency.

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