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The PSPC began issuing its own 1- and 5-rupee notes in the fiscal year 1952-53. [4] These notes resembled those previously produced by Thomas de la Rue & Company, but the 1-rupee note featured a notable change: a blue back without under-print, different from the purple back of the British versions. This new design was circulated on 31 January ...
The coin shall be round with serrations, diameter of 26.5 mm and 6.5 grams (1/40th in weight) 42,33,000 [2] 5 1 Rupee Coin October 16, 1982 F.A.O World Food Day: Cuprous Nickel: Copper 75% ; Nickel 25% The coin shall be round with serrations, diameter of 25 mm and 6.0 grams (1/40th in weight) 12,67,000 [2] 6 5 Rupee Coin January 29, 1996
[1] Until 2006, South Africa was the world's largest gold producer. In 2007, increasing production from other countries and declining production from South Africa meant that China became the largest producer, although no country has approached the scale of South Africa's period of peak production during the late 1960s and early 1970s.
It is a circular market building so is called Gole (i.e. round in Urdu) market. [ 1 ] It was built in early 1950s just after the independence of Pakistan in 1947, when Nazimabad was established by the government, with plans of expansion of Karachi to settle Muslim refugees in Pakistan.
The Rekodiq project is estimated to produce 200,000 tons of copper and 400,000 ounces of gold per year, at an estimated value of $1.25 billion at current market prices. The copper and gold are currently traded at about $5,000 per ton and $600 per ounce respectively in the international market. [5]
Pakistan Mercantile Exchange, formerly known as National Commodity Exchange Limited is a futures commodity exchange based in Karachi, Pakistan. It is the only company in Pakistan to provide a centralised and regulated place for commodity futures trading and is regulated by Securities and Exchange Commission of Pakistan (SECP). It began its full ...
The Pakistan Mint was founded in September 1943 as His Majesty's Mint when, during World War II, the British Indian government relocated mint operations from Calcutta to Lahore in response to Japanese bombing. [1] After the partition of India in 1947, the mint was renamed Pakistan Mint. [1] [2]
Before independence on 14 August 1947, during the British colonial era, the Reserve Bank of India was the central bank for the then undivided subcontinent. On 30 December 1948 the British Government's commission distributed the Reserve Bank of India's reserves between Pakistan and India—30 percent (750 M gold) for Pakistan and 70 percent for India.