FOLLOWING the spread of several photographs of the demonetized "Ang Bagong Lipunan" coin series on social media, the Bangko Sentral ng Pilipinas (BSP) clarified on Wednesday that no new Philippine currency series has been produced.
"Some images of coins circulating on social media are part of the 'Ang Bagong Lipunan' coin series issued by the central bank in 1975, and demonetized in 1998. Demonetized coins are no longer accepted as payment for goods and services," it said in a statement.
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