State Bank of Pakistan releases commemorative Rs50 coin on Senate's golden jubilee

Web Desk 06:18 PM | 17 Mar, 2023
State Bank of Pakistan releases commemorative Rs50 coin on Senate's golden jubilee
Source: Twitter

The State Bank of Pakistan (SBP) has issued a commemorative Rs50 coin to mark the golden jubilee of the country's Senate, which was established in 1973.

The SBP stated that the federal government has authorised the bank to issue the coin to celebrate this significant occasion. The coin will be issued through the exchange counters of all the field offices of SBP Banking Services Corporation from March 17.

The Senate of Pakistan, also known as Aiwan-e-Bala Pakistan, is the upper legislative chamber of the bicameral parliament of Pakistan, with equal representation from all provinces. It symbolises continuity in national affairs and is a permanent house. The round coin has a dimension of 30 mm and weighs 13.5 grams. It is made of cupro-nickel metal, with copper comprising 75% and nickel 25%.

The obverse face of the coin features a waxing crescent moon and a five-pointed star facing northwest in the centre. On top of the crescent star, the words "Islami Jamhuria Pakistan" are inscribed in Urdu script along the periphery, and below the crescent are two springs of wheat with arms curved upward and the year of issuance, which is 2023.

The reverse side of the coin shows the insignia of the Senate of Pakistan in the centre, with the number 50 on the right-hand side and the words "Pakistan Senate Golden Jubilee" in Urdu. The duration of the golden jubilee (1973-2023) is written below the insignia.

In addition, last year, the SBP issued a commemorative banknote of Rs75 to mark the 75th anniversary of the creation of Pakistan.

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Web Desk

Daily Pakistan Global Web Desk


Today's currency exchange rates in Pakistan - Dollar, Euro, Pound, Riyal rates on March 23, 2023

KARACHI - Following are the foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, European Euro, and other foreign currencies in Pakistan open market on March 23, 2023 (Thursday).

Source: Forex Association of Pakistan. (last update 09:00 AM)

Currency Symbol Buying Selling
US Dollar ‎USD 283.1 286.15
Euro EUR 302.5 305.5
UK Pound Sterling GBP 343.5 347
U.A.E Dirham AED 77.2 78
Saudi Riyal SAR 75.4 76.2
Australian Dollar AUD 187 189.4
Bahrain Dinar BHD 749.55 757.55
Canadian Dollar CAD 205 207.2
China Yuan CNY 40.91 41.31
Danish Krone DKK 40.77 41.17
Hong Kong Dollar HKD 35.92 36.27
Indian Rupee INR 3.41 3.52
Japanese Yen JPY 2.06 2.11
Kuwaiti Dinar KWD 919.22 928.22
Malaysian Ringgit MYR 62.85 63.45
New Zealand Dollar NZD 176.66 178.66
Norwegians Krone NOK 26.33 26.63
Omani Riyal OMR 731.97 739.97
Qatari Riyal ‎QAR 77.43 78.13
Singapore Dollar SGD 208 210
Swedish Korona SEK 26.5 26.8
Swiss Franc CHF 305.12 307.62
Thai Bhat THB 8.19 8.34

Today's gold rates in Pakistan – 23 March 2023

KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs 203,800 on Thursday. The price of 10 grams of 24k gold was recorded at Rs174,730.   

Likewise, 10 grams of 22k gold were being traded for Rs163,624 while a single tola of 22-karat gold was being sold at Rs 190,880.

Note: The gold rate in Pakistan is fluctuating according to the international market so the price is never been fixed. The below rates are provided by local gold markets and Sarafa Markets of different cities.

City Gold Silver
Lahore PKR 203,800 PKR 2,350
Karachi PKR 203,800 PKR 2,350
Islamabad PKR 203,800 PKR 2,350
Peshawar PKR 203,800 PKR 2,350
Quetta PKR 203,800 PKR 2,350
Sialkot PKR 203,800 PKR 2,350
Attock PKR 203,800 PKR 2,350
Gujranwala PKR 203,800 PKR 2,350
Jehlum PKR 203,800 PKR 2,350
Multan PKR 203,800 PKR 2,350
Bahawalpur PKR 203,800 PKR 2,350
Gujrat PKR 203,800 PKR 2,350
Nawabshah PKR 203,800 PKR 2,350
Chakwal PKR 203,800 PKR 2,350
Hyderabad PKR 203,800 PKR 2,350
Nowshehra PKR 203,800 PKR 2,350
Sargodha PKR 203,800 PKR 2,350
Faisalabad PKR 203,800 PKR 2,350
Mirpur PKR 203,800 PKR 2,350


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