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| GeoFactCheck Debunks Viral Image Claiming Rs10,000 Note Circulation on Social Media |
Recently, rumors have been swirling regarding the introduction of a new banknote, leading to discussions about the precarious state of the local currency and its value in comparison to global currencies. A viral image featuring a Rs10,000 banknote has been making rounds on social media, accompanied by claims that the State Bank of Pakistan SBP is preparing to release a higher denomination note.
While these rumors have ignited debates concerning the stability of the local currency and its parity against other world currencies, it is important to highlight several key points that refute these claims. The circulating image of the Rs10,000 banknote includes the name of Yaseen Anwar as the governor, who served as the 17th governor of the SBP from October 19, 2011, to January 31, 2014.
An important detail to note is that every newly issued banknote by the central bank now includes the name of the current governor of the State Bank of Pakistan (SBP).
In response to the speculations circulating about a new banknote, an SBP official has advised the general public to dismiss these rumors. The official, as reported by TheNews.com.pk, encourages individuals to verify the authenticity of any news regarding banknotes by referring to the SBP website and its official social media accounts.
It is interesting to mention that false news concerning the Rs10,000 banknote also circulated back in 2018. This emphasizes the significance of exercising caution and verifying information when confronted with such claims.
To conclude, although the rumors regarding a new banknote have raised concerns about the stability of the local currency and its exchange rate, it is vital to rely on trustworthy sources that provide accurate and verified information.
