P1-K bills with WW2 heroes to stay in circulation: Palace
MANILA - Amid criticism over the removal of the portraits of three Filipino World War II heroes from the design of the new PHP1,000 banknote, Malacanang on Tuesday assured the old bills would remain in circulation. Citing the Bangko Sentral ng Pilipinas (BSP), acting Presidential Spokesperson, Cabinet Secretary Karlo Nograles, said the new PHP1,000 banknotes that feature the Philippine eagle would only be released as part of a test for its possible adoption. "Hindi po ma-demonetize ang ating (We will not demonetize the) PHP1,000 bills featuring our three national heroes and martyrs. Ito l...
Source: philippinetimes.com