Tag "State Bank of Pakistan"

SBP starts receiving 10 rupee coin; will introduce it in couple of weeks
October 07, 2016 No Comments Money, National

SBP starts receiving 10 rupee coin; will introduce it in couple of weeks

According to the spokesperson of State Bank of Pakistan (SBP), the SBP has started to receive 10 rupee coin from Pakistan Mint from Monday. However, the federal government is expected to introduce the 10 rupee coin in a couple of weeks. While talking to Express Tribune, the spokesperson of SBP stated: “The SBP started receiving Rs10 coins from Pakistan Mint — the nation’s oldest mint located in Lahore’s Shalimar Town

Deadline to exchange old currency notes is 30th November 2016
September 22, 2016 2 Comments Money

Deadline to exchange old currency notes is 30th November 2016

It generally takes time to get rid of the old bank notes especially in our part of the world. Although the brand new ones are produced less often, the old ones stay with us for a long time before they expire. However, State Bank of Pakistan (SBP) has declared that an individual can exchange old currency notes with new ones by 30th November 2016. Replace the old currency notes out