On January 1, 2017, the Philippines demonetised its "New Design Series" ₱1,000 bills after a gradual phase-out period. They were replaced by the "New Generation Currency" (NGC) series paper banknotes. More recently, a new polymer version has been introduced.
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Kill ₱1,000 bills to cut corruption? Manila weighs move

How could AI help curb corruption, and flag suspicious transactions

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