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Statement 1: The primary objectives of the bsp is to promote and maintain monetary stability and the convertibility of the peso. Statement 2: The chairman

  1. Statement 1: The primary objectives of the bsp is to promote and maintain monetary stability and the convertibility of the peso. Statement 2: The chairman of the monetary board shall exercise the money function which is the sole power and authority to issue currency within the Philippine territory.

Which statement is correct?

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