29.4 C
Manila
Thursday, October 1, 2020
 
Home Today's Headline Photos BSP issues 100-peso bills in mauve

BSP issues 100-peso bills in mauve

 

NEW BANKNOTE Top: Old 100-peso banknote. Bottom: New 100-peso banknote with stronger mauve.
NEW BANKNOTE Top: Old 100-peso banknote. Bottom: New 100-peso banknote with stronger mauve.

The central bank said starting Monday, it will be issuing 100-peso banknotes with stronger mauve or violet color but assured the public that the current 100-peso banknotes in circulation can still be used for daily transactions.

In a statement over the weekend, the Bangko Sentral ng Pilipinas (BSP) announced that the issuance of the 100-peso banknotes with stronger mauve color is meant to make it more distinct from the 1000-peso banknotes.

 

“This is in response to suggestions from the public to make it easier [for them] to distinguish [the 100-peso banknote] from the 1000-peso banknote,” it said.

Compared with the current color of the 100-peso banknote in circulation, the new banknote of the same denomination will have stronger mauve or violet color on the obverse and reverse sides, the BSP added.

It said other features of the 100-peso banknote will remain the same.

The central bank also gave its assurance that the current 100-peso banknotes can still be used for daily transactions for payment of goods and services and will be in circulation along with the new 100-peso banknotes with stronger mauve or violet color until supplies of the first version last.

“Henceforth, the BSP will be printing the 100-peso [banknotes] with stronger mauve or violet color,” it said.

 

Banknote with misspelled Duterte name not legal tender — BSP

THE Bangko Sentral ng Pilipinas (BSP) clarified on Wednesday that a banknote bearing a misspelled name of President Rodrigo Duterte circulating online is not...

Duterte respects House vote on Cayetano leadership — Palace

PRESIDENT Rodrigo Duterte respects the decision of members of the House of Representatives rejecting Speaker Alan Peter Cayetano's "offer" of resignation, his spokesman said...

Military personnel in PMA shooting has mental health problem — spokesman

THE military personnel behind the shooting inside the Philippine Military Academy (PMA) was suffering from a mental health problem, the academy disclosed on Wednesday. Cpt....

Metro Manila shift to MGCQ eyed by Nov

METRO Manila is eyeing to shift to a modified general community quarantine (MGCQ) by November if the number of coronavirus disease 2019 (Covid-19) infections...

$600-M loan from World Bank to soften Covid impact on poor Filipino families

THE World Bank has granted a $600-million loan to the Philippines to mitigate the impact of the coronavirus pandemic on poor families. The Washington-based multilateral...
 

Weather

Today's Front Page

TRY OUR DIGITAL EDITION
FREE FOR 30 DAYS

ALREADY A SUBSCRIBER?