answersLogoWhite

0

They control it for the Philippines...that is what the central banks of each country do...and they co-operate with each other too.

Who should?

User Avatar

Wiki User

18y ago

What else can I help you with?

Related Questions

Why bangko sentral ng pilipinas conrtol the money?

A central bank, reserve bank, or monetary authority is a public institution that manages a state's currency, money supply, and interest rates. Central banks also usually oversee the commercial banking system of their respective countries. In contrast to a commercial bank, a central bank possesses a monopoly on increasing the nation'smonetary base, and usually also prints the national currency, which usually serves as the nation's legal tender.The primary function of a central bank is to manage the nation's money supply (monetary policy), through active duties such as managing interest rates, setting the reserve requirement, and acting as a lender of last resort to the banking sector during times of bank insolvency or financial crisis. Central banks usually also have supervisory powers, intended to prevent bank runs and to reduce the risk that commercial banks and other financial institutions engage in reckless or fraudulent behavior. Central banks in most developed nations are institutionally designed to be independent from political interference.The Bangko Sentral ng Pilipinas (BSP) is the central bank of the Republic of the Philippines. It was established on 3 July 1993 pursuant to the provisions of the 1987 Philippine Constitution and the New Central Bank Act of 1993. The BSP took over from the Central Bank of Philippines, which was established on 3 January 1949, as the country's central monetary authority. The BSP enjoys fiscal and administrative autonomy from the National Government in the pursuit of its mandated responsibilities.


How can you control the heat of a fire?

Control the fuel supply or oxygen supply to the fire.


Which companies will supply control plans?

McGraw Hill supplies control plans. Other companies that supply control plans include IBM, JDA, and SAP. McKinsey & Company have also been found to supply control plans.


How did Mesopotamians use technology tocontrol their water supply?

How did ancient Mesopotamian farmers use technology to control their water supply?”


The control of the money supply is achieved through?

The control of money supply can be achieved with two main concepts. One is to lower interest rates and the other is to control spending.


Why DC supply is used in control circuit?

dc supply is used for control circuit because dc current is an independent source .


What is credit control policy of rbi?

control of supply and demand of the money.


Who controls the water supply of Mongolia?

United Nation who control the water supply of Mongolia.


The fed chairman is in control of?

Money supply.


What is control Of the supply of a product or service?

It is a Monopoly.


What is total control of the supply of a product or service?

A monopoly!


What control the petrol price?

Supply, demand & competition.