President Marcos and Bangko Sentral ng Pilipinas Governor Felipe Medalla on Monday led the launch in Malacañang of the commemorative coin set for the 125th anniversary of Philippine independence. | JeromeAningINQ /PDI
The BSP issued the coin set with P100, P20 and P5 denominations depicting the 1898 declaration of Philippine independence in Kawit, Cavite; the birth of the short-lived First Philippine Republic at Barasoain Church in Malolos City, Bulacan; and the bravery of Filipinos who fought during the Philippine-American War, respectively.
“[T]he establishment of a formal currency, like [in] any country, is part of the definition of being a sovereign nation. And that’s why we have to see it not just as a very, very nice souvenir but really a commemoration of the creation of the Republic of the Philippines,” Mr. Marcos said.
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