What are the updates on Bank Reserves as against provisions in the New Central Bank Act of 1993 (RA) 7653) especially changes in the Philippine reserve requirements in the past two years?
Add an Answer
More Questions From This User See All
Copyright © 2024 EHUB.TIPS team's - All rights reserved.
Answers & Comments
(R.A. 7653.)
Declaration of Policy. - The State shall maintain a central monetary authority that shall function and operate as an independent and accountable body corporate in the discharge of its mandated responsibilities concerning money, banking and credit.