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Monday 08 July, 2024
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Pakistan government to issues Rs10,000 banknote?

BY Faizan Ahmed Jun 16, 2023. 09:37 pm UPDATED: Jun 16, 2023. 09:37 pm

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Social media users have been sharing a photograph of a Rs. 10,000 banknote, with the assertion that the State Bank of Pakistan (SBP) is getting ready to issue a larger value notes.

The assertions are untrue for a number of important reasons, despite the fact that the rumors spurred a discussion about the local currency’s precarious position and its parity with other currencies.

Yaseen Anwar, who led the SBP as its 17th governor from October 19, 2011, to January 31, 2014, is identified as the governor on the image of the Rs. 10,000 notes doing the rounds on social media.

It should be noted that any new banknotes issued by the central bank feature the name of the current SBP governor.

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Through TheNews.com.pk, an SBP representative asked the public not to believe such rumors and to confirm the veracity of any news stories about banknotes on the SBP website and its social media accounts.

False information on the Rs 10,000 note was also spread in 2018.

 

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