State Bank to issue special coin to honour Abdul Sattar Edhi

SBP spokesperson says commemorative coin will most likely be of a denomination higher than Rs10


Kazim Alam July 13, 2016
Abdul Sattar Edhi. PHOTO: EXPRESS

KARACHI: The State Bank of Pakistan (SBP) will issue a commemorative coin in honour of humanitarian Abdul Sattar Edhi, who passed away last week.

Speaking to The Express Tribune on Wednesday, a spokesperson for the central bank said the SBP will issue the commemorative coin at a memorial service at its headquarters on Saturday.

The governor and other senior central bankers will be present on the occasion, he added.

Sethi proposes Gaddafi stadium be renamed after Edhi

While the spokesperson refused to reveal the denomination of the commemorative coin, he said it would most likely be of a denomination higher than Rs10.

Commemorative coins are typically issued in higher denominations as they are not meant for usual circulation in the economy. Such coins are usually made of copper, zinc and nickel and depict the waxing crescent moon and a five-pointed star.

Last year, the SBP issued a Rs20 commemorative coin to mark the Pakistan-China Year of Friendly Exchange 2015.

My two hours with the greatest man in Pakistan

Edhi founded and managed Pakistan's biggest private social welfare organisation for over six decades. He died last week at the age of 88 and was buried on July 9, following a state funeral attended by the President Mamnoon Hussain and army chief General Raheel Sharif.

COMMENTS (10)

Chad | 5 years ago | Reply @Haji Atiya: While his impact is worth so much more, based on his history and humble beginnings, a simple coin seems most fitting.
kharal | 5 years ago | Reply Dont depreciate rupee and do not make coins.. and pictures of jnab Eidhi sahab can be accommodated on new bank notes
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