notes
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SBP to replace all currency notes by year-end, says governor | The Express Tribune
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The governor of the State Bank of Pakistan (SBP), Jameel Ahmad, has announced that all currency notes will be replaced by the end of this year. The statement was made during a briefing at the Senate’s Standing Committee on Finance,…
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OICCI calls for abolishing Rs5,000 notes
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A dealer counts banknotes of Rs5000 at a currency market in Pakistan. — AFP/File The Overseas Investors Chamber of Commerce (OICCI) has called for a ban on Rs5,000 banknotes to prevent currency circulation, in its recommendations ahead of the budget…
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SBP denies reports of issuing polymer currency notes | The Express Tribune
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ISLAMABAD: The State Bank of Pakistan (SBP) denied reports, circulating on social media and news channels, that it was issuing a new series of polymer currency notes. In a statement on Saturday, the central bank refuted the reports as ‘unfounded and…
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VIDEO: Bank receives ‘misprinted’ Rs1,000 notes
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In a surprising move, a commercial bank in Karachi has reportedly received Rs1,000 notes that were misprinted. It isn’t clear whether a customer had spotted them or the bank staff had seen the issue themselves. However, in these testing times…
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Decision to introduce new currency notes not taken on IMF’s behest: SBP
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A person can be seen holding notes of Pakistani currency Notes in the hands. —AFP/File State Bank Deputy Governor Saleem Ullah Thursday said that the central bank’s decision to print new currency notes was not taken at the behest of the…
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SBP to issue new currency notes without disruptive switchover
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KARACHI: The State Bank of Pakistan (SBP) Monday said that it would be introducing new currency notes provisioning security features at par with international standards while avoiding any disruptive switchover. In a statement, SBP Governor Jameel Ahmad said: “The new notes will…
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SBP all set to replace currency notes in circulation | The Express Tribune
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KARACHI: In a move aimed at curbing corruption and enhancing security features, the State Bank of Pakistan (SBP) has announced plans to replace almost all currency notes currently in circulation starting February 2024. Speaking to journalists ahead of the monetary…
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Using technology to hit the right notes | The Express Tribune
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Azima Dhanjee is a young entrepreneur who was raised by deaf-mute parents. But instead of being bogged down by what many would see as a challenge, she used her experience to craft a novel solution that is not only changing…
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US homebuyers take notes! — Here’s list of America’s cheapest states for affordable living in 2023
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An American home in the state of Ohio. — Unsplash Following are the cheapest states for affordable living in the US in 2023 based on calculated prices of goods, services, realtors’ costs and inflation differences determined from a collection of…
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Eid 2022: When will SBP issue fresh currency notes?
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A forex dealer holding fresh currency notes. — APP/File KARACHI: Every year the State Bank of Pakistan (SBP) issues fresh currency notes during Ramazan ahead of Eid-ul-Fitr but the policy has not been announced for the current season, leaving the…
