State Bank of Pakistan to issue commemorative Rs20 coin

Karachi: The State Bank of Pakistan (SBP) will issue another commemorative coin of Rs20 on the occasion of 150-year celebrations of Lawrence College, a statement said on Thursday.

The central bank will start issuing the coin through the exchange counter of all the field offices of the SBP Banking Services Corporation from May 28 on the occasion of 150-year celebrations of Lawrence College, Ghora Gali, Murree.

The SBP issued the similar coin last week to commemorate the 60th anniversary of establishment of diplomatic relations between Pakistan and China, as well as to celebrate the “2011 Year of Pak China Friendship”.

The metal composition of the present coin is Cupro Nickel in which copper is 75 percent and Nickel is 25 percent. The diameter and weight of the coin is 30mm and 9.5 grams.

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