KARACHI (Tuesday, 9-11, 2018) – State Bank of Pakistan (SBP) on Monday rejected rumors associated with discontinuation of Rs 5,000 banknote and urged human beings no longer to pay heed to such disinformation.
In a declaration issued by means of the vital financial institution, the SBP board has not submitted any recommendation for demonetization or discontinuation of Rs.5000 or any other banknote to Federal Government or Cabinet.
In case of demonetization of any bank observe, SBP announces the equal nicely earlier and provides adequate time to public to change the foreign money beneath demonetization method.
The financial institution has also positioned all such announcements on its internet site and circulates the identical thru its social media systems as well.
The public is consequently cautioned no longer to pay heed to this type of rumors which are aimed at growing pointless hype and anxiety.