What's new

SBP issues explanation on news reports regarding unavailability of banknote’s destruction record

sobia khan

FULL MEMBER

New Recruit

Joined
Jul 1, 2019
Messages
83
Reaction score
0
Country
Pakistan
Location
Pakistan
25500-Note.jpg

The State Bank of Pakistan has issued a written explanation on the failure to record the Rs 500 note on Wednesday.

According to a statement, "the SBP categorically denies and rejects the media reports regarding unavailability of the record of old design Rs.500 banknotes demonetized in Oct 2012".

"The complete record of banknote’s destruction is available at SBPBSC field offices located in 16 cities across the country," the SBP said in a statement.

The statement said, "the audit team however, just visited SBPBSC Karachi and assumed that the record available at Karachi is the total record available with the SBP, which is factually incorrect".
Read more: https://onlineindus.com/english/SBP...bility-of-banknote’s-destruction-record/33933
Pakistan English News
 

Pakistan Defence Latest Posts

Back
Top Bottom