Saturday, 15 October 2011

Demonetization of Rs 500 note


here has been an uneasy reaction in respect of the demonetization of Rs 500 note. Apart from the discussion whether the step taken by State Bank of Pakistan is legal or illegal, the reality is that it has disturbed and put to pain to a vast majority of persons who have not been able to exchange the old Rs 500 note by 30th September 2011
. The State Bank of Pakistan (SBP) must revise this decision regarding the deadline and as, proposed by a large number of citizens of Pakistan , should extend the date by a few months with proper notification in the newspaper.

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