::Philippines denies his New Currency Design One>>

Go Finance Reporting - The Philippine government spoke associated with its currency, the peso new issuance. Earlier, the currency of that country is mocked by some critics due to display a map of the Philippine state is unclear. Likewise with rare parrots that appears deemed not describe as the original.

The Philippine central bank Deputy Governor Diwa Gunigundo explained jiuka new money has been sent to parties banking on last Friday. And the money that was apparently going to begin to circulate in the coming Christmas.

He said details (artistic rendition) that exist on the map that appears on Philippine peso denominations of 20, 50, 100, 200, 500, and 1000 peso notes, not included in the Batanes island near Taiwan. Some places on the tourist island of interest are also not included.

"If we want to make the Philippines a map of a specific and accurate, then we should pull all of the island whose numbers 7,000 islands," Gunigundo said in an interview on Radio DZBB, as quoted by AFP on Monday (20/12/2010).

In the blue-parrot neped 500 pesos in paper money is dominated by yellow color. In fact, The Wild Bird Club of the Philippines, the organization has asserted birdwatchers yellow-billed parrot is not in the record anywhere in the country, because in real life the blue-naped parrot has a red beak.

"It's (a parrot with a yellow beak) brought us within three years of the study (design)," said Gunigundo denies careless preparation in preparing for these currencies.

"Our local artist who designed the six denominations of the peso currency also conduct research and consult them a lot to our experts in the Philippines," he added.

The most important of this new currency, he said, is security design. He claims this new design makes it hard to forge new money.

For your information, this is not the first time denounced the Philippine central bank due to produce new money that did not fit with reality. This never happened in 2005 when interest charges misspelled the name of Gloria Arroyo, the predecessor of the current President of Benigno Aquino, whose signature appears on the new legal tender. (GoFinance)