A RECENTLY launched effort to improve currency circulation has already led to the collection of some P12 million in coins since deposit machines were set up in select malls, a Bangko Sentral ng Pilipinas (BSP) official said.

"It's only been one month, all the machines have just been deployed, but the deposits are already 12 million [pesos]," BSP Deputy Governor Bernadette Romulo-Puyat told reporters on Friday.

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