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Comment: Consider merging content to the Pakistani rupee § Banknotes section. Bobby Cohn (talk) 15:11, 9 November 2024 (UTC)
75 Pkr Commemorative Note
[edit]On 14 August 2022, State Bank of Pakistan released the design of the commemorative 75 Rupees note marking the 75th anniversary of Independence day of Pakistan. The note was signed by the former governor of State Bank of Pakistan Raza Baqir and was made available to the public from September 30 2022.[1][2]
Features
[edit]The note features a green and white design, showcasing portraits of Pakistan's founding figures: "Quaid-e-Azam" Muhammad Ali Jinnah, Fatima Jinnah, Allama Muhammad Iqbal, and Sir Syed Ahmed Khan on the front. These images are supposed to honor the determination and sacrifices of Iconic figures made for Pakistan's independence.
On the back, there's a scene with Deodar trees and the national animal, the Markhor. Created by Sara Khan, this design highlights Pakistan's commitment to protecting its natural environment.
The Rs75 commemorative note is equipped with security features as with the other currency notes. These include the Urdu numeral '75' which appears complete when the note is held in the light, Pure Image security thread with pulsing holographic rainbow effect and micro-lettering of 'SBP' and '75', among others.
Moreover, the portraits and numbers on the note have raised printing, allowing identification of the banknote by the visually impaired.
Controversy Regarding Legal Status
[edit]During Eid ul Fitr, shopkeepers across Pakistan refused to accept Rs. 75 notes, sparking rumors about the note’s possible demonetization.
In response, SBP spokesperson Abid Qamar posted a video on the central bank’s official Twitter account, reassuring the public that the Rs. 75 commemorative note is fully valid for transactions. He explained that the SBP issues all currency under Section 25 of its Act, and the Rs. 75 note has no expiration date.
Qamar also dismissed rumors that the government had withdrawn or discontinued the banknote.[3][4]
Other Notes
[edit]On Tuesday, State Bank of Pakistan (SBP) Governor Jameel Ahmad introduced a commemorative Rs. 75 banknote to celebrate the central bank's 75th anniversary.
The predominantly blue banknote, chosen to convey the stability of a central bank, features a unique stylized sketch of the SBP building by renowned artist and calligrapher Syed Sadequain Ahmed Naqvi. This sketch appears alongside the traditional portrait of Quaid-e-Azam on the front.
The back of the banknote reflects the SBP's commitment to “banking on equality,” featuring a portrait of Fatima Jinnah. It also underscores Pakistan's dedication to combating climate change, showcasing sustainable energy sources like wind turbines and solar panels.
He explained that the commemorative Rs. 75 banknote, a legal tender, will not impact the overall money supply. Of the 4.3 billion notes being circulated this year, only 65 million will be the Rs. 75 denomination, making it a limited, one-time release.
Mr. Baksh also noted that Pakistani currency is printed on recyclable, cotton-based paper, unlike the polymer or regular paper often used elsewhere.
The commemorative note issued in 2022 for Pakistan’s 75th independence anniversary featured Quaid-e-Azam, Fatima Jinnah, Allama Iqbal, and Sir Syed Ahmad Khan. This selection stirred some debate, as certain individuals felt the omission of figures like Pakistan’s first Prime Minister, Liaquat Ali Khan, was significant.[5]
- ^ Correspondent, Our (2022-08-14). "SBP reveals Rs75 commemorative banknote". The Express Tribune. Retrieved 2024-11-08.
{{cite web}}:|last=has generic name (help) - ^ "State Bank Officially Unveils Rs. 75 Commemorative Note". Propakistani.
{{cite web}}: Check|archive-url=value (help)CS1 maint: url-status (link) - ^ "The Rs. 75 Bank Note is Still Fully Legal: State Bank". Propakistani.
{{cite web}}: CS1 maint: url-status (link) - ^ "Rs75 note like other currency notes is acceptable: SBP". 2023-04-28. Retrieved 2024-11-08.
- ^ Alam, Kazim (2023-07-05). "New note marks 75 years of SBP's founding". DAWN.COM. Retrieved 2024-11-08.