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You are the govenor of the BSP. The newly elected president wants to have a meeting with you together with his economic goals are aligned. Among the agenda is to discuss the continued depreciation of the Philippine peso. Being in charge of the country's monetary policies, use any monetary instruments, to explain to the president how nayof the monetary tools can be used to strengthen the local currency.

This is Applied Economics subject in ABM (grade 12)

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HENDRICHBERG22IN

Answer:

You are the govenor of the BSP. The newly elected president wants to have a meeting with you together with his economic goals are aligned. Among the agenda is to discuss the continued depreciation of the Philippine peso. Being in charge of the country's monetary policies, use any monetary instruments, to explain to the president how nayof the monetary tools can be used to strengthen the local currency.

This is Applied Economics subject in ABM (grade 12)

1, Sell foreign exchange assets, purchase own currency.

2, Raise interest rates (attract hot money flows.

3, Reduce inflation (make exports more

5, competitive.

Supply-side policies to increase long-term competitiveness.

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