This potential is also firmly based on internal price stability and a sound current account position. 2. The international use of the euro as an investment and financing currency  Although the international community makes use of the euro for several other reasons (such as payment, pegging, etc.
To further improve efficiency of BSP’s operations, we created the Payments and Currency Management Sector. With it the BSP now has a group totally dedicated to supervising the country’s payments and settlements system, consistent with National Payments System Act.