Philippines steps up anti-counterfeiting drive

The Bangko Sentral ng Pilipinas (BSP) launched an intensified campaign against counterfeit money on Tuesday 6 April, with the promise of rewards to whistleblowers with information that would lead to the arrest of counterfeiters.

At the same time, BSP Governor Rafael Buenaventura urged the public to be aware of the many security features of peso notes so they could distinguish fake from genuine tender.

Grace Malig, an officer at the cash department of the BSP, demonstrated to reporters how to s

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