Because you need to take a bus to go to work. Buses have machines that only accept coins. If you don't have coins, you can't go to work. This is mostly an issue with one-peso coins, as the bus costs 90c.
It's extremely stupid, and also self-fulfilling. Small businesses are afraid of running out of coins so they hoard them. It's really not that big of a deal if you don't take the bus (I either walk or drive depending on the distance). A couple of times in the past year I did have to stand in line at the bank to get change for laundry.
It's extremely stupid, and also self-fulfilling. Small businesses are afraid of running out of coins so they hoard them. It's really not that big of a deal if you don't take the bus (I either walk or drive depending on the distance). A couple of times in the past year I did have to stand in line at the bank to get change for laundry.