President 'Arrovo' blunder prompts banknote recall

The Philippines central bank suffered embarrassment this week when it was noticed that 100 peso (US$1.80) bank notes had been issued with the surname of President Gloria Macapagal Arroyo spelled "Arrovo," with a "v."

"I hope this is not deliberate," opposition lawmaker Rep. Rolex Suplico, of Iloilo province, said at a press conference of the minority bloc in the House of Representatives.

"Those that are out already are legal tender," BSP Deputy Governor Armando Suratos said on Monday. "We're no