Central Bank of the Philippines

The Central Bank of the Philippines, also known as Bangko Sentral ng Pilipinas (BSP), is the country's main financial authority. It manages monetary policy to ensure stable prices, supports economic growth, and maintains a healthy banking system. The BSP regulates banks and financial institutions, issues currency, and oversees payment systems. Its goal is to keep inflation low and stable, promote financial stability, and foster a resilient economy. Essentially, it acts as the guardian of the Philippine monetary and financial system, making sure money functions smoothly across the country.