Central Bank Issues Findings On Faceless P100 Bill

83A1AC1C-FDEB-44F7-ACBA-746E3449DC2F.jpegMANILA, Philippines (The Adobo Chronicles, Manila Bureau) – The Banko Sentral ng Pilipinas (BSP) reacted swiftly to a report that a lady who withdrew several P100 bills from an ATM got currency with a missing face, that of former President Manuel Roxas.

BSP officials said the the “erasure” of the photo of President Roxas was made upon the insistent request of the surviving members of the Roxas family, including former Presidential candidate Mar Roxas.

In a petition sent to BSP, the Roxas family said that they no longer wanted the late President’s face on the P100 bill because it is an insult to his legacy.

”P100 nowadays almost has no value, and to have the President’s face on the bill negates all the economic reform programs instituted during the Roxas administration,” Mar told The Adobo Chronicles.

Shall we call this, “saving face?”

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