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Latest News - September 14, 2021

Commemorative coins for Pak-China relations to be issued

In commemoration of 70 years of Pakistan-China bilateral relationship, the People’s Bank of China has announced launching coins that will feature national emblem of both countries. According to an official statement, a gold coin and a silver coin will be launched with an inscription of ‘the 70th anniversary of the diplomatic relations between the People’s Republic of China and the Islamic Republic of Pakistan’ in both Chinese and English. The maximum issuing limit of the gold and silver coins will be 3,000 and 10,000 respectively. The State Bank of Pakistan has already issued its commemorative coin in June 2021.

BEIJING, Sep 13 (APP):China’s central bank will issue a set of commemorative coins on September 16 to commemorate the 70th anniversary of the of diplomatic ties between China and Pakistan.

The set will contain one gold coin and one silver coin, both legal tenders, according to a statement from the People’s Bank of China (PBC). Both coins feature the national emblem, the country name and year of issuance on the obverse.

The reverse is inscribed with combinations of different pictures, denominations, a logo for activities to mark the 70th anniversary of the diplomatic ties between China and Pakistan, “1951-2021”, and a line that reads ‘the 70th anniversary of the diplomatic relations between the People’s Republic of China and the Islamic Republic of Pakistan’ in both Chinese and English, China Economic Net (CEN) reported on Monday.

The gold coin, contains eight grams of pure gold and has a face value of RMB 100 (about $15.43). The silver coin, contains 30 grams of pure silver and has a face value of RMB 10.
Its reverse side features the Temple of Heaven in China and the Lahore Castle in Pakistan. It is lined with a combination of decorative shapes such as ginkgo trees and Himalayan cedar branches and leaves.

The maximum issuing limit of the gold and silver coins will be 3,000 and 10,000 respectively.
The State Bank of Pakistan (SBP) issued a commemorative coin of Rs 70 to mark the 70th anniversary of the establishment of diplomatic relations between Pakistan and in June 2021.

 

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