SBP issuing commemorative coin of Rs 50 on the Golden Jubilee of the Senate of Pakistan
ISLAMABAD: The State Bank is issuing Rs. 50/- Commemorative Coins on the Golden Jubilee of the Senate of Pakistan.
The Senate of Pakistan or Aiwan-e-Bala Pakistan (constitutionally House of the Federation), is the upper legislative chamber of the bicameral parliament of Pakistan.
The Senate of Pakistan, having equal representatives from all provinces of Pakistan, is a permanent House, symbolizing a process of continuity in the national affairs.
The year 2023 marks the Golden Jubilee of the Senate of Pakistan.
To celebrate this significant occasion, the Federal Government has authorized the State Bank of Pakistan (SBP) to issue a Commemorative Coin of Rs. 50.
The coin shall be issued through the exchange counters of all the field offices of SBP Banking Services Corporation from March 17, 2023. The metal composition, shape, dimension and design of Rs. 50 commemorative coin are as under:
COMPOSITION:
The coin is in round shape milled with dimension of 30.0 mm, weight 13.5 grams and has Cupro-Nickel metal contents (Copper 75% & Nickel 25 %).
