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Twitter users were disappointed by Bangko Sentral ng Pilipinas (BSP) Governor Felipe Medalla’s “sexist” and “unnecessary” remark on the handling guidelines for the new polymer P1000 peso bills. The BSP announced last year that they were changing banknotes production from paper made of native abaca to polymer, and released the new 1000 bill earlier this […]
A new 1000 peso bill went into circulation last April 22. The new banknote’s notable characteristic is that it is made from polymer material. According to the Bangko Sentral ng Pilipinas, polymer bills can be sanitized with less risk of damage compared to traditional paper bills. The BSP did this because of public health and […]