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BSP ensures supply of fresh banknotes, coins for holidays
The Philippine Star
|December 12, 2024
The Bangko Sentral ng Pilipinas (BSP) has assured the public that it is ramping up production of fresh banknotes and coins to meet the expected surge in demand during the Christmas season.
This time of year typically sees increased demand for new and clean currency as Filipinos uphold the tradition of giving cash gifts, or aguinaldo, to their godchildren, family members and friends.
"The BSP reminds the public that exchanging banknotes and coins, including unfit currencies, for crisp ones with their depository banks is free of charge," the central bank said yesterday in a statement.
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