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imageKARACHI: State Bank of Pakistan has categorically rejected the news item appearing in a section of local press relating to circulation of counterfeit currency notes of denomination of Rs. 500, Rs. 1000, and Rs. 5000 in the market by unscrupulous elements.

In statement here Friday, SBP spokesman said the news item directly refers to a press note issued by State Bank of Pakistan which was factually incorrect.

The spokesman said that SBP did issue press releases to all media organizations and also posts them on its website.

The media had been requested on different occasions that they may like to check the factual position from State Bank's Spokesman before publishing information relating to such matters having impact on general public and sensitive economic matters.

Copyright APP (Associated Press of Pakistan), 2016

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