MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) renewed yesterday its warning to the public that the willful defacement, mutilation, tearing, burning or destruction of Philippine banknotes and coins are punishable under the law. Likewise, the BSP also discouraged the stapling of banknotes or use of adhesives on banknotes and coins as these would compromise their structural integrity. The total currency in circulation rose by nearly 14 percent to P1.3 trillion as of end 2017. A total of 4.4 billion pieces of banknotes were delivered for the 2017 order. The delivery consisted of about 3.3 billion pieces outsourced finished banknotes and 1.1 billion pieces produced in-house finished bank notes.

Source: Philippine Star February 19, 2019 16:01 UTC