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Rs 5 notes to be reintroduced in Pakistan


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KARACHI: The federal cabinet has decided to reintroduce banknote of Rs 5 denomination and asked the State Bank of Pakistan (SBP) to take necessary step in connection of the launching of the new notes.


In this connection the SPB has asked the general public not accept the old Rs 5 denomination note under any circumstances for day to day transaction or any other purposes, because, the old Rs 5 noted, which demonetized and withdrawn from circulation with effect of July, 1, 2005, was not a legal tender, a spokesman of SBP said here.



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Guest Aidan Work

It will be very good to see both a 5 Rupee note & a 5 Rupee coin in circulation.The British Commonwealth collectors will be wanting to collect these.



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