BSP Circular No. 537 Series of 2006 - July 18, 2006

CIRCULAR NO. 537
Series of 2006

Pursuant to Section 52 of Republic Act No. 7653 and Monetary Board Resolution No. 862 dated 6 July 2006, the maximum amount of coins to be considered as legal tender is adjusted as follows:

1. One thousand pesos (P1,000.00) for denominations of 1-Piso, 5-Piso and 10-Piso coins; and
2. One hundred pesos (P100.00) for denominations of 1-sentimo, 5-sentimo, 10-sentimo, and 25-sentimo coins.

This Circular shall take effect after fifteen (15) days following its publication in the Official Gazette or in a newspaper of general circulation.

 

FOR THE MONETARY BOARD:

AMANDO M. TETANGCO, JR.
         Governor