The Bangko Sentral ng Pilipinas (BSP) said it conducted two successful anti-currency counterfeiting operations during the first semester of 2017 leading to the arrest of four suspects.

“The volume of documented counterfeit banknotes in the Philippines in the first semerter of 2017 remains low at 6.3 pieces per million (PPM),” the BSP said in a statement on Friday.

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