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The Bangko Sentral ng Pilipinas (BSP) does not use plastic or polymer in creating our Philippine money (banknotes). BSP uses a durable paper made mainly of 80 percent cotton and 20 percent abaca. The main reason is to support Filipino abaca farmers.
 Mainly abaca-made Philippine Money For many years, BSP uses abaca because it makes the Philippine money (banknote) more durable, thus, improving its life span. Same with Japan, they also use abaca. In fact, BSP makes it a policy for their suppliers of banknotes to use abaca. - https://www.affordablecebu.com/ Please support us in writing articles like this by sharing this postShare this post to your Facebook, Twitter, Blog, or any social media site. In this way, we will be motivated to write articles you like.
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If you want to use this article or any of the content of this website, please credit our website (www.affordablecebu.com) and mention the source link (URL) of the content, images, videos or other media of our website. "What is our New Philippine Money made up of?" was written by Mary under the Banking category. It has been read 16129 times and generated 0 comments. The article was created on 06 January 2012 and updated on 06 January 2012. |
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