Guiding Principle.
Section 61
SEC. 61. Guiding Principle. — The Monetary Board shall endeavor to control any expansion or contraction in monetary aggregates which is prejudicial to the attainment or maintenance of price stability.
RA 7653 Section 61
Other provisions in CHAPTER II
- Section 56: Replacement of Currency Unfit for Circulation.
- Section 57: Retirement of Old Notes and Coins.
- Section 58: Definition.
- Section 59: Issue of Demand Deposits.
- Section 60: Legal Character.
- Section 62: Power to Define Terms.
- Section 63: Action When Abnormal Movements Occur in the Monetary Aggregates, Credit, or Price Level.
- Section 64: International Monetary Stabilization.
- Section 65: International Reserves.
- Section 66: Composition of the International Reserves.
CitationRA 7653 Section 61 (LawPlayer, data as of 2026-07-04)
Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).
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