THE BANGKO SENTRAL ng Pilipinas (BSP) on Thursday unveiled its first series of polymer banknotes, which features the country’s protected and native species.
BSP Governor Eli M. Remolona, Jr. presented the Philippine polymer banknote series to President Ferdinand R. Marcos, Jr. in a ceremony in Malacañang.
The polymer series includes new denominations of P50, P100 and P500, as well as the P1,000 bill, which was first introduced in April 2022.
The new polymer bills are “smarter” than their paper counterparts because they have advanced anti-counterfeiting features and a smaller carbon footprint, Mr. Remolona said.
Support authors and subscribe to content
This is premium stuff. Subscribe to read the entire article.
Login if you have purchased
