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20-piso banknote remains legal tender — BSP

The Bangko Sentral ng Pilipinas (BSP) clarified on Tuesday that the 20-piso New Generation Currency (NGC) banknotes will not be demonetized and will continue to be legal currency.

The central bank said in a statement that the banknotes remain as legal tender and can be used in everyday transactions alongside the 20-piso NGC coins.