Pakistan 10 banknote

Pakistan’s circulating currency doubles within 5 years

Currency, News

According to a report by online news source the Pakistan Tribe, Pakistan’s currency in circulation increased from Rs 1,224 billion to Rs 2,500 billion between 2009 and 2014, an increase of 104%. The State Bank of Pakistan’s (SBP) Deputy Governor of Operations, Mr Kazi Abdul Maktadir, discussed Pakistan’s rising currency in circulation during the Conference…

UK 5 banknote

Circulation of £5 notes improving

Banknotes, Currency, News

A 5-year long concerted effort of the Bank of England with participation of major UK banks and building societies to improve deteriorating quality and volumes of circulating £5 notes is evidently paying off. In yesterday’s press release the Bank of England announced success in its initiative to increase the availability of good quality £5 notes.…