SBP rejects rumours about discontinuation of Rs.5000 banknotes
- 10-Sep-2018
KARACHI: State Bank of Pakistan (SBP) has dismissed rumours circulating on social media regarding discontinuation of the Rs.5000 banknote and requested the general public to pay no heed to such disinformation. It is further clarified that SBP Act 1956 clearly defines the roles and responsibilities of different institutions including SBP for issuance, circulation and demonetisation […]
Are Rs 5000 notes being discontinued? Here’s what Asad Umar says
- 28-Aug-2018
ISLAMABAD: Federal Minister for Finance, Revenue Asad Umar has denied the reports regarding discontinuation of Rs 5,000 currency notes, and termed the news being circulated on social media as baseless. Talking to media outside the Parliament House, he said that no such proposal was under consideration. He said that the government was determined to reduce […]