State Bank of Pakistan denies reports of change in currency notes

Author: Web Desk

KARACHI: The State Bank of Pakistan (SBP) denied on Saturday the reports any change in currency notes.

SBP officials stated that there were no plans to change the banknotes in the country.

SBP officials clarified that the designs and images of currency notes, which have been circulating on social media, were fake.

Also read State Bank of Pakistan issues Rs 50 coin in memory of Dr. Ruth Pfau

Previously, reports were surfaced on social media suggesting that the newly appointed Finance Minister Asad Umar had decided to discontinue Rs 5000 banknote.

Also read Being Asad Umar

According to the reports, the new government was intended to change banknotes worth Rs 50 to Rs 1000. Images of banknotes had also been circulating on social media as well.

Share
Leave a Comment

Recent Posts

  • World

Iran tells UN nuclear chief it won’t negotiate under ‘intimidation’

Foreign Minister Abbas Araghchi said on Thursday that Iran will not negotiate under "intimidation" as…

3 hours ago
  • World

Sri Lanka president eyes parliament win in snap election

Sri Lanka votes Thursday in a second national election in as many months with a…

3 hours ago
  • World

Trump opts for personal ties and TV chops in choosing his team

In staffing his incoming administration, President-elect Donald Trump has so far veered from the conventional…

3 hours ago
  • World

Thousands flee as Typhoon Usagi hits north of Philippines

Typhoon Usagi slammed into the Philippines' already disaster-ravaged north on Thursday, as authorities rushed to…

3 hours ago
  • Sports

Australia defeat Pakistan by 29 runs in rain-hit first T20I

Glenn Maxwell's blistering knock, combined with a solid bowling performance, guided Australia to a convincing…

4 hours ago
  • Sports

Int’l Squash Championship from Nov 18

The Pakistan Squash Federation (PSF) in collaboration with Serena Hotels, is organizing Chief of the…

4 hours ago