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BSP: Banknotes with PH historic figures to stay in circulation

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BSP: Banknotes with PH historic figures to stay in circulationBSP: Banknotes with PH historic figures to stay in circulation

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MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) reiterated on Saturday that banknotes that includes the nation’s historic figures will stay in circulation, following the launch of a brand new polymer banknote sequence.

“The banknotes with historic figures will flow into alongside the newly launched ‘First Philippine Polymer Banknote Sequence,’ which showcases the nation’s wealthy biodiversity,” BSP mentioned in a press release.

The BSP launched the polymer banknote sequence on Thursday, that includes new designs: P50 with a Visayan noticed deer, P100 showcasing a Palawan peacock-pheasant, and the P500 invoice with a Visayan leopard cat.

READ: BSP unveils new polymer banknote sequence

BSP: Banknotes with PH historical figures to remain in circulation

The brand new banknote sequence will probably be in restricted circulation by December 23 inside the Better Manila space solely. Nonetheless, it is going to be out there throughout the nation by January 2025.

Banknotes

READ: New polymer banknotes coming in 2025

“That includes totally different symbols of nationwide satisfaction on our banknotes and cash displays numismatic dynamism and artistry and promotes appreciation of the Filipino id,” BSP added.

The BSP’s assertion got here after some criticized the brand new design, like former Senator Bam Aquino, who mentioned on Friday that the BSP would wish to elucidate why it eliminated the nation’s heroes and among the earlier Philippine presidents.

READ: Trade mutilated banknotes, cash via BSP’s Piso Caravan

“Kung meron mang mga tao sa BSP na nag-isip na mas pabor sa Malacañang ang bagong disenyo na tinanggalan ng mga mahahalagang Pilipino sa ating kasaysayan, nagkakamali sila,” Aquino posted in X (previously Twitter).

(If there are individuals on the BSP who suppose that the brand new design, which eliminated necessary Filipinos from our historical past, is extra favorable to Malacañang, they’re mistaken.)

“Sa panahon na kailangan ng pagkakaisa ng taumbayan, lalo lang nilang hinati ang bansa sa kanilang ginawa,” Aquino added.

(In occasions when the Filipinos must unite, they’re simply dividing the nation additional with their actions.)



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