Nearly 90 per cent of the notes of Rs10 to 500 are soiled, unhygienic and unworthy of circulation
KARACHI: This is to draw your attention towards a major problem relating to the issuance and use of Pakistani currency notes. The problem is getting from bad to worse by the day. Currently, neither an ordinary citizen or even a bank account holder can get a hold of proper currency notes. Nearly 90 per cent of the notes in circulation of Rs10, 20, 50, 100 and 500 are soiled and most unhygienic and unworthy of circulation. Moreover, even a bank account holder is unable to acquire clean used currency notes, let alone new ones. Personal connections are needed to acquire even clean used notes.
Under these circumstances, the State Bank of Pakistan, the Pakistan Banking Association and Security Printing Press should immediately and without any bureaucratic delay, take the necessary steps to resolve this man-made problem.
Imtiaz Yousuf
Published in The Express Tribune, April 4th, 2016.
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