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Duterte leads presentation of P1-K piso polymer banknote

(Screengrab from RTVM) MANILA - President Rodrigo Roa Duterte on Monday led the presentation of the PHP1,000-piso polymer banknote, which features the Philippine eagle, in a ceremonial program in Malacanan Palace. During the program, Duterte got to see a framed version of 50 pieces of the uncut PHP1,000-piso plastic money up close. Department of Finance (DOF) Carlos Dominguez III and Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno presented to Duterte the uncut PHP1,000-piso polymer banknotes. According to the BSP, the PHP1,000-piso polymer banknotes strengthen efforts against counterfeiting, safety concerns due to the Covid-19, and promote environmental sustainability. The plastic money features complex security features such as sampaguita clear window, serial numbers, shadow thread, vertical clear window, metallic features, blue iridescent figure, polymer substrate, tactile dots, embossed print, flying eagle, and enhanced value panel. Polymer banknotes are less susceptible

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