The government has extended the previously stated deadline of December 31, 2011 by one year.

 

ISLAMABAD: The banknotes of Rs5 denomination will remain in circulation till Dec 31, 2012, the government said on Monday.

According to an official announcement, Prime Minister Yousuf Raza Gilani has acceded to the request of the public on the recommendations of the State Bank and finance ministry and approved the one-year extension in the deadline for the note’s exchange.

The earlier deadline was Dec 31, 2011.

The government has already extended the deadline for the exchange of Rs500 (bigger size) banknote till Sept 30, 2012.—Our Reporter

Follow Dawn Business on X, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Sustainable path?
Updated 13 Jun, 2026

Sustainable path?

The FY27 budget is the first clear signal that the government is ready to transition from stabilisation to growth.
Prioritising education
13 Jun, 2026

Prioritising education

THOUGH the improvement in the country’s literacy rate may be slight, as highlighted by the Economic Survey, it ...
Poverty’s rise
13 Jun, 2026

Poverty’s rise

AS attention turns to the government’s plans for the coming fiscal year, one set of figures deserves particular...
A difficult story
Updated 12 Jun, 2026

A difficult story

Unless productivity becomes the dominant target of economic policy, Pakistan will continue to oscillate between crises and fragile recovery.
Rough waters
12 Jun, 2026

Rough waters

AMONGST the key potential triggers for fresh conflict in South Asia is water. The Indian state is behaving in an...
Politicised football
12 Jun, 2026

Politicised football

ALMOST three-and-half years since Lionel Messi led Argentina to FIFA World Cup glory, the latest edition of...