Charges filed vs 6 for destroying coins

Quick Summary:

THE Bangko Sentral (BSP) and the National Police (PNP) have filed criminal complaints against six individuals for allegedly destroying Philippine coins.

The central bank said the government only spends P7 to print 1,000 peso bills but can spend P10 to make a 20 peso coin.Cai U.

There are 39 billion pieces of coins in circulation in the country.

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Article Details

Author / Journalist: Cai U. Ordinario

Category: BusinessStartups

Markets: Philippines

Topics: Central Siquijor Philippine Coins Storage Country Bank Filed Criminal Coin Capita

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-04 @ 12:23:06 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 462 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 25888556

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About Business Mirror

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 65 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 10 hours ago

Coverage Areas: Philippines

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Publisher ID: #37

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