Peso Par Value Adjustment Executive Order

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EXECUTIVE ORDER NO. 195: Peso Par Value Adjustment Executive Order

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Title Supreme Court: Peso Par Value Adjustment Executive Order

Law: Executive Order No. 195

Decision Date: Nov 6, 1965

Diosdado Macapagal, President of the Philippines, decreed a reduction in the par value of the peso from US$0.50 to US$0.2564103, effective November 8, 1965, following the unanimous recommendation of the Monetary Board.

executive order

monetary policy

par value

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