What's new

State Bank of Pakistan issues Rs 10 coin

Slowly removing Quaid E Azam pics from everything including the currency, Removed Quaid from 10 Rupees and replace it with pic of Faisal Mosque.
 
Nice, I was talking about
Bv3M0jZCMAAMOck.jpg



I'm a big fan of Australian currency:


currency-01.jpg

I always support Such Notes hope they issue it Officially

b57.jpg
381393,xcitefun-pakistan-new-currency-design-2.jpg

381392,xcitefun-pakistan-new-currency-design-3.jpg

381391,xcitefun-pakistan-new-currency-design-4.jpg
 
in few months hopefully they will launch Rs. 20 coin, the way our currency is devaluing you will see many more coins replacing notes
 
Rampant inflation is making the value of money nothing these days
 
As the currency is devaluing the state bank moves to coin. The life of a currency note is 2-3 years whereas life of coin is 10 years.
 
As the currency is devaluing the state bank moves to coin. The life of a currency note is 2-3 years whereas life of coin is 10 years.
Its rather the depreciation of physical notes, people use the small denominations in carefree mannar which puts more pressure on printing press in the shape of soiled,mutilated notes. Coins are more durable in such cases. And Coins are issued by GoP's mint , NOT SBP. Coins are the property of GoP and basic means of exchange value of term "will pay on demand" written on Currency notes (which are a liability of SBP)
 
We need a 100 rupee coin.
 
Back
Top Bottom