This makes me feel better about our own government. At least we get the spelling right on important things:
MANILA (Reuters) - Filipinos could have collectors' items in their wallets after a small number of 100-peso (5 pound) bills slipped into circulation with an error in the president's name. The foul-up happened at a currency printer in Europe, which was making the bills in time for the Christmas spending spree in the Philippines, one central bank official told Reuters on Monday.
I wonder if they are that those currency printing jobs have been outsourced?
On the front of the new 100-peso note, which is worth about $1.83, the last name of President Gloria Macapagal Arroyo is spelled "Arrovo", with a "v". "Those that are out already are legal tender," the central bank official said. "We're not releasing more of them. We're having it investigated."
It's a simple case of stem loss.
The number of bills mistakenly released was "insignificant" and some people had returned them, she added.
"Hey, I don't want these! The name's misspelled!"
I'm not that picky.
The central bank "has apologised to the president over the incident", Deputy Governor Amando Suratos said in a statement. The peso, often hurt by political uncertainty, has been one of the best-performing currencies in Asia this year, hitting a six-month high of 54.30 to the dollar last week.
Link.
They'll get over it.
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