KARACHI: State Bank of Pakistan (SBP) on Friday denied the news regarding issuance of Rs10,000 banknotes.
“The existing banknote denominations satisfactorily meet the payment, settlement and other allied needs of the economy and thus there is no need for issuing higher denomination banknotes,” the central bank said.
The general public is advised to not pay heed to such rumours and check the authenticity of any news item related to banknotes on the SBP website and its social media accounts.
SBP regularly updates its website and social media pages and any news item associated with SBP can be verified from these sources.
