Binondo Central Bank
id:
binondo-central-bank-239-14029440
title:
Binondo Central Bank
text:
The Binondo Central Bank (BCB) was a Filipino government dual exchange rate system that operated between 1983 and 1986. It was established to allow the government to narrow the rate gap by directly intervening in black market currency prices. The government of the Philippines organized the BCB under then Trade Secretary Roberto Ongpin, with a mandate to close the gap between the US dollar vs the Philippine Peso's official guiding rate and the black market rate. Ongpin was later charged with ille
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Binondo_Central_Bank
date created:
date modified:
2023-01-14T12:07:25Z
main entity:
{"identifier":"Q28404446","url":"https://www.wikidata.org/entity/Q28404446"}
image:
fields total:
13
integrity:
13