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  2. Bangko Sentral ng Pilipinas - Wikipedia

    en.wikipedia.org/wiki/Bangko_Sentral_ng_Pilipinas

    ' Central Bank of the Philippines '; commonly abbreviated as BSP in both Filipino and English) is the central bank of the Philippines. It was established on January 3, 1949, and then re-established on July 3, 1993 pursuant to the provision of Republic Act 7653 or the New Central Bank Act of 1993 [ 2 ] as amended by Republic Act 11211 or the New ...

  3. Monetary policy of the Philippines - Wikipedia

    en.wikipedia.org/wiki/Monetary_policy_of_the...

    On the other hand, under the new framework, BSP sets monetary policy so that price level is not just zero in expectation but is also zero regardless of latter shocks. [13] Moreover, the framework was changed because BSP wanted to address the fact that aggregate targeting did not account for the long-run effects of monetary policy on the economy.

  4. List price - Wikipedia

    en.wikipedia.org/wiki/List_price

    This 1916 advertisement distinguishes the list price and a lower our special price.. The list price, also known as the manufacturer's suggested retail price (MSRP), or the recommended retail price (RRP), or the suggested retail price (SRP) of a product is the price at which its manufacturer notionally recommends that a retailer sell the product.

  5. What Is the Current Prime Rate and How Does It Affect You? - AOL

    www.aol.com/current-prime-rate-does-affect...

    What Is the Prime Rate Today? While the current prime rate is set at 7.75% effective Feb. 2, 2023, it fluctuates over time. The table below lists the prime rate changes over the past five years.

  6. Philippine peso - Wikipedia

    en.wikipedia.org/wiki/Philippine_peso

    The Philippine peso, also referred to by its Filipino name piso (Philippine English: / ˈ p ɛ s ɔː / PEH-saw, / ˈ p iː-/ PEE-, plural pesos; Filipino: piso [ˈpisɔː, ˈpɪsɔː]; sign: ₱; code: PHP), is the official currency of the Philippines.

  7. Open market operation - Wikipedia

    en.wikipedia.org/wiki/Open_market_operation

    In macroeconomics, an open market operation (OMO) is an activity by a central bank to exchange liquidity in its currency with a bank or a group of banks. The central bank can either transact government bonds and other financial assets in the open market or enter into a repurchase agreement or secured lending transaction with a commercial bank.