When the Bangko Sentral ng Pilipinas (BSP) announced the issuance of the New Generation Currency (NGC) in 2010, it was met with mixed reactions ranging from excitement, skepticism, resistance, and even criticisms on the designs. Notwithstanding these reactions, a common issue that emerges is the rationale for releasing the NGC banknotes.
Sulu Sea is part of the South Seas, the natural habitat of oysters that produce the largest pearls grown in the world. The colors of these treasures range from white to silver and golden. The so-called Tinalak or ikat-dyed abaca woven local fabric in Mindanao, the definitive relic of the Moslem-influenced culture, completes the reverse of the note.
|Source Institution||Bangko Sentral ng Pilipinas|
|Place of Publication||Manila|
|Original Publication Date||January 1, 2010|
|Tags||New Generation Currecy Notes, Pilipinas Review 2010|