Settlement of obligations in Philippine currency

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Republic Act No. 8183: Settlement of obligations in Philippine currency

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Title Source: Supreme Court: Settlement of obligations in Philippine currency

Law: Republic Act No. 8183

Decision Date: Jun 11, 1996

Republic Act No. 8183 repeals a previous law and mandates that all monetary obligations in the Philippines must be settled in the Philippine currency, unless the parties agree otherwise, with an information campaign conducted to educate the public about the new law.

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