Upgrading the Philippine currency ensures that every hard-earned peso, whether saved or invested, stays safe, President Marcos said. "By upgrading our currency, we are making sure that every hard-earned peso stays safe, whether it is saved, whether it is spent, or whether it is invested," Marcos...
The Bangko Sentral ng Pilipinas (BSP) has introduced the First Philippine Polymer (FPP) Banknote Series featuring enhanced security and durability, which will be available in circulation starting the first quarter of 2025. On Thursday, Dec. 19, President Ferdinand R. Marcos Jr. led the unveiling of...
LONDON, United Kingdom — The first banknotes bearing the image of King Charles III are set to enter circulation by mid-2024, the Bank of England said on Tuesday as it unveiled their designs. "The portrait of The King will appear on existing designs of all four polymer banknotes (£5,...
The Bangko Sentral ng Pilipinas (BSP) has launched a dedicated webpage or microsite for the new ₱1,000 polymer banknotes to increase public awareness and encourage its use, hastening the country’s shift to the use of more secure and hygienic banknotes. The website, bit.ly/PolymerPH, informs the...
Malacañang tried to appease the public Tuesday, Dec. 14 over the backlash on the new P1,000 banknote featuring a Philippine eagle design that will be issued alongside the existing bill thas has portraits of World War II heroes Vicente Lim, Josefa Llanes Escoda, and Jose Abad Santos. (Ali Vicoy/...
House Deputy Minority leader and Bayan Muna Rep. Carlos Isagani Zarate on Saturday, Nov. 11 called the attention of the Bangko Sentral ng Pilipinas on “glaring errors” found in the newly-released P1,000 bill. Zarate found the two errors referring to the image of the Philippine eagle as “quite...
The Bangko Sentral ng Pilipinas (BSP) which during the term of Gloria Macapagal-Arroyo had to publicly apologize for the infamous “Arrovo” banknotes said that this time, the alleged P1,000 bill with an incorrect spelling of President Duterte’s name on it is not one of their own. The P1,000...
On July 29, Bangko Sentral ng Pilipinas has released New Generation Currency (NGC) banknotes that feature a “shining, shimmering” value panel, but it seems like a lot of people missed the memo. A Facebook user named Allaine Francisco shared her experience on how a seller refused to accept...