Literature
In , we celebrate 60 years of central banking in the Philippines. As a function directly linked with the development of our economy and our nation, we mark this significant milestone with the issuance of this commemorative coin set.
Central banking in the Philippines traces its roots to when the Central Bank of the Philippines opened for business, following the passage of
Republic Act 265. After 44 years, CBP gave way to the Bangko Sentral ng Pilipinas, an independent central monetary authority, which opened for business on under
Republic Act 7653. The mandate for Congress to create an independent central monetary authority that gave birth to the Bangko Sentral ng Pilipinas emanated from The Philippine Constitution.
Remarks
Issued to commemorate the 60th anniversary of the Central Banking in the Philippines
Note
Some of this coin set was issued to employees of BSP during the event.