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Launch of Rs 5000 and 20000 currency notes

 
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Launch of Rs 5000 and 20000 currency notes
AvgJoe
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#12
01-13-2005, 05:55 AM
<BLOCKQUOTE id=quote><font size=1 face="Verdana, Tahoma, Arial" id=quote>quote<hr height=1 noshade id=quote>
The biggest Pound Sterling note is only £50, whereas now Pakistan is considering printing upto Rs. 20k worth of notes. <img src=icon_smile_big.gif border=0 align=middle><img src=icon_smile_big.gif border=0 align=middle><img src=icon_smile_big.gif border=0 align=middle><img src=icon_smile_big.gif border=0 align=middle>

DT

<hr height=1 noshade id=quote></BLOCKQUOTE id=quote></font id=quote><font face="Verdana, Tahoma, Arial" size=2 id=quote>

Well, I guess that might be an explanation for the issue of the Rs. 5000 notes! Coz £50 is roughly equal to Rs. 5000 over here (with a exchange rate of Rs.100), so the govt of pakistan might be trying to keep up with the UK. <img src=icon_smile_big.gif border=0 align=middle>

However, I cant understand the need for Rs. 20000 notes. We already have checks, travellers cheques, and those Rs.100000 "notes" (or whatever they call them, I seem to have forgotten. Can anyone remind me plz?)









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Messages In This Thread
Launch of Rs 5000 and 20000 currency notes - by CBPian - 01-09-2005, 09:42 AM
[No subject] - by derivativetrader - 01-09-2005, 09:58 AM
[No subject] - by Apocalypse - 01-10-2005, 03:13 AM
[No subject] - by jbladeus - 01-11-2005, 02:29 AM
[No subject] - by maani - 01-11-2005, 07:05 PM
[No subject] - by derivativetrader - 01-11-2005, 07:18 PM
[No subject] - by Apocalypse - 01-11-2005, 09:06 PM
[No subject] - by sohana - 01-12-2005, 12:54 AM
[No subject] - by yasirpervaiz - 01-12-2005, 04:50 AM
[No subject] - by AvgJoe - 01-12-2005, 10:14 PM
[No subject] - by derivativetrader - 01-12-2005, 10:31 PM
[No subject] - by AvgJoe - 01-13-2005, 05:55 AM
[No subject] - by Apocalypse - 01-13-2005, 06:59 AM
[No subject] - by sohana - 01-13-2005, 09:37 PM

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