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On 15 October 2015, the Pakistan government introduced a revised Rs. 5/- coin with a reduced size and weight and having a golden colour, made from a composition of copper-nickel-zinc, [citation needed] and also in 2016 a Rs. 10/- coin was introduced into circulation.
In 1992, a new stainless steel rupee coin, smaller and lighter than the older rupee, was minted, alongside a 5 rupee Cupronickel coin. In 2005, the 10 rupee coin was minted for the first time. Higher denomination coins were introduced due to an increasing demand for change and the increasing cost of printing ₹2, ₹5 and ₹10 banknotes.
The purchasing power of the rupee was equal to the price of silver in the bullion market and the rupee was the only legal tender and money of account by which all other prices were expressed. Thus while the rupee was a fixed value, its purchasing power fluctuated. The chart above indicates the approximate value of other denominations relative ...
500 Rupee Coin February 22, 1977 Quaid-e-Azam Birth Anniversary Gold: 916.66/1000 The coin shall be round with 95 serrations, minimum diameter of 19 mm and 4.50 grams (1/40th in weight) 500 and 500 proofs. (4.5 grams (0.16 oz)) 2- (a) 1 Rupee Coin February 22, 1977 Islamic Summit Minar Cuprous Nickel: Copper 75% ; Nickel 25%
The Pakistani 5-rupee coin (Rs. 5) is a denomination of the Pakistani rupee. [1] The 5-rupee coin is an alloy comprising 79 percent copper, 20 percent zinc, and 1 percent nickel. [2] [3] It weighs 3 grams and measures 18.5 mm in diameter. [2] [3]
On July 17, 2016, the federal government of Pakistan authorized the State Bank of Pakistan (SBP) to distribute a Rs10 coin. [2] The coin was issued on October 24, 2016, by the State Bank of Pakistan. [2] In April 2023, it was reported that the 10-rupee coin has faced challenges in gaining widespread acceptance as a legal tender. [3]
A rebound in Apple’s iPhone sales in China is gaining momentum, after the company aggressively cut prices in its largest overseas market to lure back consumers actively hunting bargains in a ...
Five-rupee coins, made from brass, are being minted by the Reserve Bank of India (RBI). In 1997 the 20 paise coin was discontinued, followed by the 10 paise coin in 1998, and the 25 paise in 2002. Between 2005 and 2008 new, lighter fifty-paise, one-, two-, and five-rupee coins were introduced, made from ferritic stainless steel.