The recently introduced 75 Pakistani rupee note is of Pakistani rupee denomination. Interestingly, the new banknote marks the 75th anniversary of the establishment of the State Bank of Pakistan. You must read the article for detailed information. Stay tuned for all the insights and latest news on PKB News. It was learned that the banknote was presented by the State Bank of Pakistan (SBP) in August 2022 to celebrate the 75th anniversary of Pakistan’s independence. The note is the second of its kind, following the issuance of a commemorative note in 1997 to mark Pakistan’s Golden Jubilee. In April 2023, the 75-rupee note was reported to be facing difficulties in gaining widespread acceptance as legal tender. The 75 rupee note is predominantly green in color, accompanied by shades of white and yellow. The color green symbolizes growth and development, reflecting Pakistan’s Islamic identity. The presence of white emphasizes the religious diversity within the country’s population.
75 New Note Pakistan
The obverse of the note features portraits of notable personalities, including Muhammad Ali Jinnah, Syed Ahmad Khan, Muhammad Iqbal, and Fatima Jinnah. On the other hand, there are images of Markhor and Deodar trees on the reverse side of the note. These images symbolize Pakistan’s commitment to face the challenges brought by climate change and its consequences. SBP Chief Financial Officer Qader Bakhsh said the Rs 75 note is the third commemorative note issued by SBP in its three-quarters of a century history. The two previous banknotes were issued to commemorate the 50 and 75 years since the founding of the state.
The coin’s material was also believed to consist of cotton-based paper that could be recycled unlike regular paper or polymer-based printing materials often used in other economies. The note was issued in 2022 to mark the country’s 75 years of independence and featured photographs of Quaid-i-Azam, Fatima Jinnah and Sir Syed Ahmad Khan. The selection of three national figures became somewhat controversial as some people objected to the omission of other notable figures. Scroll down to the next section to learn more about what’s new.
The banknote, which has legal tender status, will not increase the money supply and there will be 4.3 billion pieces this year, most of which will be replaced by existing banknotes. The 75 rupee note will consist of only 65 million pieces and will not be repeated.
Categories: Trends
Source: HIS Education