State Bank to issue Rs20 commemorative coin

Karachi: The State Bank of Pakistan (SBP) will issue Rs20 commemorative coin on May 21 to commemorate the 60th anniversary of establishment of diplomatic relations between Pakistan and China, a statement said.

According to a SBP notification issued on Thursday, the central bank will start issuing Rs20 commemorative coin through the exchange counters of all the field offices of the SBP Banking Services Corporation from May 21.

The central bank said that this is in line with the federal government’s decision to issue the coin 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 coin is Cupro Nickel in which copper is 75 percent and the remaining is nickel. The diameter of the coin is 30mm, having weight of 9.5 grams.

Leave a Reply