Philippines Report

Duterte-signed peso bills out next week – BSP

MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) is set to release the initial batch of banknotes bearing the signature of President Duterte starting next week.

BSP Governor Amando Tetangco Jr. said the new generation currency (NGC) bills bearing the signature of the country’s new chief executive would be available next week.


 

philippine-peso-bill-10

“The initial batch of NGC banknotes… is ready for release to the general public. These banknotes shall be issued to authorized agent banks once the approval process is completed,” Tetangco said.

The banknotes will also bear the signature of Tetangco, who is being considered for an unprecedented third term when his term expires in July next year.

Last January, the NGC bills were circulated in the market, replacing the New Denomination Series (NDS) banknotes launched in 1985.

The NDS banknotes can still be exchanged in banks and BSP offices until December this year before being demonetized in January 2017.

Related Articles:

If you enjoyed this article FEEL Free to TIP Philippines Report:


Any Amount Welcome 🙂


Dash: XmARRjJ9y2zUUgiPWPMrjviWWCvpuogwKd


Dogecoin: D5vAJ9ydfsNX1VE6e93Wh16gmUfVSUSKQq


Bitcoin: 1BJbBAvdNHcZPZBnaFpyExUmAD9H1crosU


Litecoin: LXfkhyMe8gxdENyUc7Y5itHzFqr67F96nW


Ethereum: 0x60454606e1f66C09e4fD7977b844718b683B2836

Like this Article? Share it!

About The Author

Leave A Response

GET REGULAR UPDATES,

Simply Enter Your Name & Best Email.

x