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.

1/2 #SBP unveils the design of Rs.75 commemorative banknote being issued on 75th anniversary of the country’s independence. The note will be available for public issuance from 30th September 2022.
For details: https://t.co/ZvCNGKxSjV pic.twitter.com/qweDbs28g7

— SBP (@StateBank_Pak) August 14, 2022

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.