Second, the identification of underlying trends in money used to assess risks to price stability. 4  BIS Review 97/2010  Money demand models, for example, have been improved to restore our ability to explain monetary developments in a coherent, statistically stable money demand framework – and therefore to have a better understanding of the causes of monetary growth.
That official launch in 2010 enabled local merchants and businesses to be aware of this particular brand. With greater acceptance over time, this is vital for the development of the Chinese tourist market. Today’s announcement of the ability of BSP ATMs to accept China UnionPay credit and debit cards is a milestone achievement.