Bagong polymer bank notes, ipinasilip ng BSP

PTVPhilippines

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Transcript

00:00Banco Central ng Pilipinas has released the new Polymer Banknotes.

00:06When will it be released for circulation?

00:08Find out in this episode of Clayzell Pardilla Live.

00:12Clayzell?

00:15It's getting more exciting to receive and count money this Christmas.

00:20This December, Banco Central ng Pilipinas will release

00:24the new designs and complete set of money.

00:30Banco Central ng Pilipinas has already published

00:33the first Philippine Polymer Banknote Series.

00:36BSP will present the new money to President Ferdinand R. Marcos Jr.

00:41The new designs are made of polymer or plastic,

00:44just like the P1,000 that was released in 2022.

00:48It's more durable because it's not easily torn or wet.

00:51That's why it's said that it can last for more than 7 years.

00:54It's safer because it has an advanced security feature

00:58just like a hologram.

00:59It's not easily infected by the virus and is eco-friendly

01:02because it can be recycled.

01:05In the past, it used to look like figures printed on money.

01:08Now, it's replaced by animals and plants

01:11that can be found in the Philippines

01:13and reflect the rich biodiversity of our country.

01:17For example, the P1,000 has an eagle and a hawk printed on it.

01:22You can also see the Visayan Spotted Deer for P500.

01:25The Palawan Peacock is for P100.

01:28While the Visayan Leopard Cat is for P50.

01:33President Ferdinand R. Marcos Jr. said

01:36that the release of the new money is important

01:38because according to many countries,

01:41like Australia, Canada, and Singapore,

01:43new designs of money are issued every 10 years

01:47to prevent the spread of COVID-19.

01:51It's just good to strengthen and make sustainable

01:54the new money that we're struggling with.

01:58Maan, for now, the number of new money

02:01that will be issued in Metro Manila this December is limited.

02:05But when January 2025 comes,

02:09it's expected to have a wide distribution.

02:12And Maan, according to the Central Bank of the Philippines,

02:15the old money, like this one,

02:17can be replaced by new polymer banknotes,

02:21like this one.

02:24That's the latest.

02:25Back to you, Maan.

02:27Alright, thank you very much, Claisel Pardilia.

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