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Philippine Daily Inquirer / 01:31 AM July 06, 2011

The country’s central monetary authority, Bangko Sentral ng Pilipinas, was established on July 3, 1993, through the New Central Bank Act of 1993. Currently located in Malate, Manila, the BSP took over the Central Bank of Philippines, which was established in 1949.—Schatzi Quodala, Inquirer Research

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