MANILA, Philippines – Documented counterfeit banknotes went up by 18.4 percent year-on-year in 2024, which the Bangko Sentral ng Pilipinas (BSP) attributed to increasing capability of banks and the ...
MANILA, Philippines — Demonetizing high-denomination banknotes is not an effective cure for financial crimes and systemic corruption and could inflict significant economic harm on legitimate cash ...
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