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State Bank issues clarification on half-printed Rs1000 notes

Web Desk by Web Desk
13 March 2024, 17:17 pm
in Latest, Pakistan
0
State Bank
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In an unexpected twist, a bank in Karachi, the bustling metropolis, recently came across a batch of misprinted currency notes.

It remains unclear whether a customer first noticed the error or if the mistake was caught by bank personnel. Nevertheless, in these days of extreme inflation, the news of misprinted banknotes could cause significant challenges for people already dealing with financial difficulties.

A circulating video on social media captured the whole situation where two Rs1,000 notes had printing issues; while one side had the usual design, the other side remained entirely blank.

In response to this revelation, the State Bank of Pakistan (SBP) promptly launched an investigation to uncover the underlying cause of the misprinting.

State Bank Clarifies Amidst Misprinted Currency Controversy

Following reports of misprinted Rs1,000 notes circulating in Karachi, the State Bank of Pakistan (SBP) has stepped in to address the situation.

The SBP has assured the public that they are thoroughly investigating the matter to determine the extent of the issue and to prevent any further circulation of misprinted currency.

As the investigation unfolds, it’s essential for citizens to remain vigilant and to report any suspicious currency encounters to the relevant authorities.

With concerns mounting over the circulation of misprinted notes, it’s crucial to acknowledge the prevalence of counterfeit Rs1,000 notes in the market. Hence, it becomes important for the public to educate themselves about the distinguishing features of genuine banknotes to decrease the risk of any possible fraud.

Tags: Misprinted NotesPakistanState Bank of PakistanViral
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