Tag: Rs75

  • Rs75 commemorative banknote is now officially available

    Rs75 commemorative banknote is now officially available

    The commemorative banknote of Rs75 is available for the general public from September 30 (today), which was released by the State Bank of Pakistan (SBP) on August 14th to mark Pakistan’s 75th Independence Day.

    At a ceremony held at the SBP offices in Karachi on August 14, 2022, the design of this commemorative banknote was presented.

    The SBP announced in a statement that starting on September 30, the general public can get the commemorative Rs75 banknote from SBP BSC offices and commercial banks’ branches.

    As a result, the Quaid-e-Azam Muhammad Ali Jinnah, Allama Sir Muhammad Iqbal, Mohtarma Fatima Jinnah, and Sir Syed Ahmed Khan are shown on the banknote’s obverse, according to the statement.

    According to SBP, the reverse of the banknote emphasises the nation’s commitment to combating climate change and its effects on Pakistan. This issue has become even more urgent in light of the unprecedented loss brought on by the recent torrential rains and flooding that affected large portions of Pakistan, according to SBP.

    The portraits of the national animals Markhor and Deodar on the reverse also draw attention to the threat of extinction and the necessity of protecting these species.

  • SBP unveils Rs75 commemorative banknote

    SBP unveils Rs75 commemorative banknote

    To commemorate 75 years of Pakistan’s independence, the State Bank of Pakistan (SBP) presented the Rs75 commemorative banknote on Sunday during a ceremony conducted at the SBP Museum.

    The banknote was unveiled by the acting Governor of SBP Dr Murtaza Syed.

    Dr Murtaza made the following observation after the introduction of the commemorative banknote and flag-hoisting ceremony: “While the issuance of coins and postal stamps is a regular and recurring element to honour days of national importance.”

    The former SBP governor Dr. Raza Baqir has signed the banknote, which would be available to the general public from September 30.

    The colour of the banknote is primarily green, with hints of white and yellow. Green is a symbol of prosperity and development that also draws on Pakistan’s Islamic heritage. White, on the other hand, highlights the diversity of religions among its residents.

    The front of the note has portraits of the Quaid-e-Azam Muhammad Ali Jinnah, Sir Syed Ahmed Khan, Allama Muhammad Iqbal, and Mohtarma Fatima Jinnah.

    The images of the Markhor and Deodar trees on the reverse reflect Pakistan’s dedication as a nation to combating climate change and its effects.

    The Markhor and Deodar trees are both representations of the destruction caused by these changes and need immediate action to stop and reverse environmental degradation.

    Speaking at the event, Dr Syed remarked, “The SBP Finance Department went above and above to quickly complete this vital project, and I applaud their efforts.”

    The central bank has now released two notes of this type, including the Rs75 note. In the past, to commemorate Pakistan’s Golden Jubilee, the SBP released the first and, to date, only commemorative banknote in 1997.

    To commemorate the nation’s centennial of independence, children with disabilities also participated and sang national patriotic songs during the ceremony.