bank notes
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Senate proposes scrapping Rs5,000 note, govt opposes
Zahid Hamid, law and justice minister, told the Senate that the government opposes the motion
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Old design banknotes will cease to be legal tender from December 1
SBP BSC field offices will continue to accept old banknotes till December 31, 2021
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Banknotes: Old designs to become illegal from Dec 2016
SBP issued a new design banknote series in 2005 to improve the security, durability and aesthetic quality of banknotes
