False information has been circulation on social media regarding the issuance of a new set of Philippine peso bills, including a new PHP 5000 banknote. The graphic, showing poorly edited images of the supposed new bills, originated from a fake Bangko Sentral ng Pilipinas page on Facebook. Despite the poor quality of the graphics, they might have been passed as concept notes and they were shared widely on Facebook.
The Bangko Sentral ng Pilipinas has expressly denied the plan to issue new banknotes. Further, the public is advised to only follow the official BSP Facebook Page.
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