Informative: Seminar addresses fake note issue

SBP experts explore security features, composition.

LAHORE: A public awareness seminar on combating fake currency notes was held by the Ravian Forensic Society at the Government College University (GCU) in collaboration with the State Bank of Pakistan (SBP) here on Tuesday.

A group of experts from SBP briefed students and the faculty about the security features, characteristics and composition of Pakistani currency.

GCU Vice Chancellor Dr Muhammad Khaleequr Rahman said the university had planned to conduct a series of awareness seminars to increase the understanding of students on issues varying from social, economic to health. Society’s adviser Dr Muhammad Akhyar Farrukh briefed the students on currency notes and also informed them about the history of currency.



Addressing the seminar, the SBP experts said that Pakistan’s currency notes had the world’s best security features and their duplication was yet impossible due to geometrical features, electrotype watermarks, rainbow printing, ant-scan areas, cylinder mold and several other hidden features.

The geometrical portraits of Quaid-i-Azam, Muhammad Ali Jinnah, they said, had never been exactly replicated in fake currency.

Additionally, they said that the Pakistani currency had several other characteristics pertaining to the currency paper, including thickness and color of the currency notes.

They also said the currency notes had high resistance to environmental conditions owing to their treatment to several different processes. The bank experts mentioned that that the state bank accepted the claim of burnt notes, provided 51% of the note remained intact.

Published in The Express Tribune, December 3^rd, 2014.

Like Business on Facebook, follow @TribuneBiz on Twitter to stay informed and join in the conversation.