Week 8

Question 1

BSP’s Monetary Policy during 1940

Answer 1

Rehabilitation efforts after World War

Question 2

BSP’s Monetary Policy during 1950

Answer 2

Safeguarding initial growth efforts through exchange rate and trade controls.

Question 3

BSP’s Monetary Policy during 1960

Answer 3

Heading toward a more market-determined exchange rate through decontrol of the Philippine peso

Question 4

BSP’s Monetary Policy during 1970

Answer 4

Stabilizing the economy on a sounder footing by managing the country’s level of liquidity, foreign exchange, operating reserves, and domestic and foreign debt.

Question 5

BSP’s Monetary Policy during 1980

Answer 5

Navigating through turbulent times by currency stabilization and financial reforms.

Question 6

BSP’s Monetary Policy in 1990

Answer 6

Gaining policy independence is essential to the achievement of the long-run price stability objective.

Question 7

BSP’s Monetary Policy from 2000 to the present

Answer 7

Moving towards Inflation Targeting to focus mainly on price stability as the primary objective of monetary policy.