Claim: The SBP has shortlisted designs for the new banknotes, of which some will be selected as the official currency note after the Government of Pakistan’s approval. Fact: The designs were announced as the winners of an art competition; none of them have been or will be selected as the official banknote of Pakistan after […]
Claim: The SBP has warned people that funds upwards of PKR 500,000 kept in bank accounts are not safe anymore. Fact: This is false; the SBP never issued such a warning. A comment from a meeting of the Senate Standing Committee on Finance and Revenue has been falsely reported on. The central bank has said […]