Colossal error, not repaired

By Ma. Isabel Ongpin

Jul 22, 2022 12:08 am

IT seems that our dear Bangko Sentral ng Pilipinas (BSP) persists in defending the indefensible which is the switch to polymer banknotes, dumping the abaca fiber that was the main material used to make our old currency.

Already, the consequences are being experienced, the worst of which is the lack of confidence in the polymer bills that the BSP persists in circulating despite public opinion against it on two valid grounds.

This July 12, 2022 file photo shows a meat vendor showing the new P1,000 polymer banknote at a public market on Visayas Avenue, Quezon City. PHOTO BY MIKE DE JUAN

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