Pakistan to phase out old 50 and 1000 rupees notes

The State Bank of Pakistan has announced (PDF) it will phase out the old design 50 and 1000 rupees notes. The 50 rupees note was first issued in 1977 and the 1000 rupees in 1987.

The notes will remain legal tender after 1 November but the bank will stop issuing them from 1 November 2013.

50 rupees (1977)


1000 rupees (1987)

Steven Thursday 31 October 2013 at 08:16 am | | news
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