The first coins of Pakistan were issued in 1948, the year after independence had been achieved. The currency system was based on the traditional Rupees, Annas and Pice of the sub-continent and the new coins depicted a Toughra, Crescent and Star, all symbolic of a Moslem state. A decimal coinage system was introduced on 1st January 1961.

The Rupee remained the basic unit of currency but was divided into 100 Paisa and they continued to bear an English inscription until 1964. Apart from that the designs of the coins have been little altered. The Conservation Coins are the first Pakistan coins to be struck in gold and silver. The obverse design shows Minar-e-Pakistan superimposed on the Star and Crescent.

The animals selected by Pakistan to be featured on their Conservation Coins are the Astor Markhor on the 3000 Rupee gold coin and the Gavial and Western Tragopan Pheasant on the two silver coins.

The coins for the Pakistan set were designed by Robert Gilmour who is amongst the fore-most of the British Wildlife painters. Robert Elderton is the chief modeller at the Royal Mint and produced the models for the Pakistan coins among many others. His recent work was exhibited at the 1975 International Medal Congress in Warsaw .

 
 
 
  •  
    SBP Policy Rate
    5.75% p.a.
     
    SBP Overnight
    Reverse
    Repo (Ceiling) Rate
    6.25% p.a.
     
    SBP Overnight
    Repo (Floor) Rate
    4.25% p.a.
  •  
    Overnight Weighted Average Repo Rate
    As on 15-May-17
    5.80 % p.a.
     
    KIBOR
    As on 16-May-17
    Tenor BID OFFER
    3-M 5.88 6.13
    6-M 5.90 6.15
    12-M 5.95 6.45

  •  
    MTBs
    Tenor Rates
    3-M 5.9910%
    6-M 6.0109%
    12-M 6.0273%
    PIBs
    Tenor Rates
    3-Y Bids Rejected
    5-Y Bids Rejected
    10-Y Bids Rejected
    20-Y No Bids Received


    GIS

    Cut-off Margin over Benchmark*:
    -50 bps
    * Latest 6-M W.A MTB Rate


  • MTB Auction

    24-May-17

     
    PIB Auction

    17-May-17

     
    As on 05-May-17
    SBP’s Reserves
    15,912.5
    Bank’s Reserves
    4,878.0
    Total Reserves
    20,790.5

  •  
    USD/PKR Rates
    As on 16-May-17
     
    M2M
    Revaluation Rate
    104.8482
     
    Weighted
    Average Rate
    Bid: 104.7602
    Offer: 104.9456
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