State Bank of Pakistan (SBP) Governor Jameel Ahmed on Tuesday released a commemorative note of Rs 75 in honor of the central bank’s 75th anniversary. This blue-tinted banknote exudes a feeling of stability commonly associated with a central bank, with a unique and eye-catching sketch of the SBP building by the artist Syed Sadequain Ahmed Naqvi.
Along with the traditional portrait of the Quaid-i-Azam in front, the banknote’s backside is dedicated to the SBP’s fight against discrimination in banking, showcasing the portrait of Fatima Jinnah. The back also features a nod towards sustainable energy sources such as wind turbines and solar panels, reflecting the country’s commitment to tackling climate change. This commemorative banknote shows the SBP’s rich history and national pride.
State Bank Has Released New 75 Rupees Note In Pakistan
In a significant historical event, the State Bank of Pakistan (SBP) has unveiled a special commemorative 75 Rupees currency note, marking its 75th anniversary. The note, which was presented to the public by the SBP’s Governor Jameel Ahmad, is predominantly blue, symbolizing the stability associated with a central bank. The front showcases a portrait of the nation’s founding father, Quaid-e-Azam Muhammad Ali Jinnah, and a stylised sketch of the SBP building by acclaimed calligrapher and artist Syed Sadequain Ahmed Naqvi.
The reverse side of the banknote embodies the SBP’s “banking on equality” campaign, displaying a portrait of Fatima Jinnah, thus recognizing the significant contributions of women to the nation’s development. Alongside, it also emphasizes Pakistan’s commitment to combating climate change, featuring illustrations of wind turbines and solar panels.
Although this commemorative banknote has the status of legal tender, it’s important to note that it will not inflate the overall money supply. The SBP plans to issue about 4.3 billion pieces this year, most of which will replace existing banknotes. The 75 Rupees banknote will constitute just 65 million pieces of this total, emphasizing its special status as a “one-time issue”.
This unique banknote is made from cotton-based, recyclable paper, highlighting Pakistan’s commitment to sustainability. The 2022 note, commemorating 75 years of the country’s independence, depicted images of national figures, sparking some debate due to the omission of other iconic individuals such as Liaquat Ali Khan, Pakistan’s first premier.
75 Rupees Note Pic Names
This unique banknote comes in a denomination of Rs. 75, with a color scheme dominated by blue and measures 139 mm X 65 mm. It is scheduled for issuance in July 2023. The obverse side of the note features portraits of the founder of Pakistan, Quaid-e-Azam Muhammad Ali Jinnah, and a sketch of the SBP Building by Syed Sadequain Naqvi. On the reverse side, the note features a portrait of Mohtarma Fatima Jinnah, an icon of gender equality in Pakistan.
The note’s theme primarily celebrates 75 years of central banking in an independent Pakistan, paying tribute to key sub-themes such as gender equality, the promotion of renewable green energy sources, and recognition of the association of artist Sadequain with the SBP. The placement of Quaid-e-Azam’s portrait on the banknote’s face serves as a reminder of his pivotal role in Pakistan’s independence, and the SBP’s unique position as one of the few institutions inaugurated by the nation’s founder.
The SBP’s head office building in Karachi is depicted on the front side of the note in a masterpiece of calligraphy by Sadequain, the official painter of the SBP. His stylized rendering of the SBP head office building, created using repeated Arabic/Urdu calligraphy of “Bank Daulat-e-Pakistan,” serves as the note’s key visual feature. This artwork was originally created by Sadequain for the brochure of the central bank’s new head office inauguration ceremony.
By incorporating a portrait of Mohtarma Fatima Jinnah on the banknote, SBP emphasizes gender equality and recognizes her significant role in Pakistan’s independence, and later as a strong political force. The banknote’s design also includes motifs of wind turbines and solar panels on the reverse, symbolizing Pakistan’s commitment to sustainable, renewable green energy. The design process involved multiple stages, with the final design approved by the Federal Government based on the SBP Board’s recommendations, in accordance with the requirements of the SBP Act 1956.
Where to get 75 Rupees note in Pakistan?
The State Bank of Pakistan (SBP) has unveiled a new Rs. 75 banknote in celebration of its 75th anniversary. The striking design, which features the portrait of Quaid-e-Azam Muhammad Ali Jinnah on the front and the image of Fatima Jinnah on the reverse side, is reflective of the nation’s history and values.
The uniquely designed note also pays tribute to alternative energy sources through its representation of windmills on the reverse side. Additionally, calligraphy depicting the architectural grandeur of SBP building further enhances the beauty and elegance of this commemorative banknote.
Notably, this is not only a celebration for SBP but also a remarkable milestone for Pakistan as it marks the first time that a female leader has been featured on a Pakistani currency note in modern times. This initiative stands testament to Ms Jinnah’s immense contribution to the nation’s history and her place in Pakistani society today.
Conclusion:
In light of the recent release, this serves as an excellent milestone for the State Bank of Pakistan and provides a further reminder of the great leadership that has nurtured the nation over the past 75 years. The new note incorporates carefully chosen symbols to represent and honor people, places, and values that have shaped Pakistani history. This year’s release of the Rs.75 banknote stands as a remarkable example of how far SBP has come in its journey and further bolsters its efforts to foster economic development. Without a doubt, we can expect more positive strides to follow in SBP’s future pursuits.