Pakistani 75-rupee note explained

The Pakistani 75-rupee note is a denomination of the Pakistani rupee.

History

The banknote was introduced by the State Bank of Pakistan (SBP) in August 2022 to commemorate Pakistan's 75 years of Independence.[1] The banknote is the second of its kind, following the issuance of a commemorative banknote in 1997 to mark Pakistan's golden jubilee.[1]

In April 2023, it was reported that the 75-rupee banknote has faced challenges in gaining widespread acceptance as a legal tender.[2]

Features

The 75-rupee banknote predominantly features the green color, accompanied by shades of white and yellow.[1] The green color symbolizes growth and development, reflecting Islamic identity of Pakistan.[1] The presence of white highlights the religious diversity within the country's population.[1]

Obverse

The obverse side of the banknote displays portraits of significant figures, including Muhammad Ali Jinnah, Syed Ahmad Khan, Muhammad Iqbal, and Fatima Jinnah.[1] [3]

Reverse

The reverse side of the banknote showcases images of the Markhor and Deodar trees.[1] These images symbolise Pakistan's commitment to addressing the challenges posed by climate change and its consequences.[1] [3]

Notes and References

  1. Web site: SBP unveils commemorative Rs75 banknote to mark Pakistan’s diamond jubilee. The News International. 2023-05-20. 2023-05-20. https://web.archive.org/web/20230520183936/https://www.thenews.com.pk/latest/982292-sbp-unveils-commemorative-rs75-banknote-to-mark-pakistans-diamond-jubilee. live.
  2. Web site: Two legal tenders struggle to gain currency. Shazia. Hasan. April 22, 2023. DAWN.COM. May 20, 2023. May 20, 2023. https://web.archive.org/web/20230520184821/https://www.dawn.com/news/1748914. live.
  3. Web site: Rs75 commemorative banknote marks nation’s pledge to tackle climate change. The Newspaper's Staff. Reporter. August 15, 2022. DAWN.COM. May 20, 2023. May 20, 2023. https://web.archive.org/web/20230520184538/https://www.dawn.com/news/1704978. live.