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(1) The Bangko Sentral ng Pilipinas (BSP) functions as the central bank of the Philippines and is responsible for formulating and implementing monetary policy to maintain price stability. (2) It supervises banks and regulates non-bank financial institutions, and its three pillars are price stability, a stable banking system, and a safe payments system. (3) Benjamin Diokno currently serves as the Governor of the BSP and Chairman of the Monetary Board, which exercises the powers and functions of the central b

Author

Wilcel Manucot

Language

EN