Old Rs500 note to be demonetised in October

The State Bank of Pakistan (SBP) said that old design and bigger size banknote of Rs500 denomination will be demonetised with effect from October 1. The State Bank advised the general public to exchange these notes from the field offices of the SBP Banking Services Corporation (BSC) and branches of commercial banks operating across the country latest by September 30. The central bank said that ...