State Bank of Pakistan Friday categorically rejected the rumors and news item appearing in a section of press relating to circulation of counterfeit currency notes of denomination of Rs 500, Rs 1000, and Rs 5000 in the market by unscrupulous elements. The SBP spokesman said the news item directly referred to a press note issued by the State Bank of Pakistan that was in fact not correct because no such press note was issued by the SBP.
The spokesman has clarified that SBP issues press releases to all media organizations and also posts them on its website. The Spokesman has requested the media to check the factual position from him before publishing information relating to such matters that have impact on general public and sensitive economic matters. For the last few days a statement relating to counterfeit currency notes was circulating in the social media which forced the SBP to clarify its position.-PR