RA 265 Section 2

Responsibilities and objectives.

Section 2

SEC. 2. Responsibilities and objectives.—It shall be the responsibility of the Central Bank of the Philippines to administer the monetary and banking system of the Republic. It shall be the duty of the Central Bank to use the powers granted to it under this Act to achieve the following objectives: (a) To maintain monetary stability in the Philippines; (b) To preserve the international value of the peso and the convertibility of the peso into other freely convertible currencies; and (c) To promote a rising level of production, employment and real income in the Philippines.

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Other provisions in CHAPTER I.—Establishment and Organization the Central Bank of the Philippines

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of July 4, 2026

CitationRA 265 Section 2 (LawPlayer, data as of July 4, 2026)

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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