How to identify fake Rs 5000 note, SBP explains




The move comes after Committee member Kamil Ali Agha presented counterfeit notes during the meeting, highlighting the pressing issue of fake currency circulation.

In this regard the SBP has issued a video explainer on the unique identifying features of the Rs 5000 note on Youtube.The explainer lists multiple marks including the use of optical variable ink on the Pakistani flag, raised marks for visually impaired people, silver thread, watermark and hidden figures. 

It also explains what you can see on the note when you view it under ultraviolet light: lime green threads.

The matter came into light when the Senate Standing committee on finance met on Tuesday and Chairman Saleem Mandviwala produced a Rs5,000 note and asked the deputy governor of SBP if he could tell if it was real or counterfeit.

When the deputy governor coceded that he could not identify if the note was real or not, Mandviwala had asked him to formulate a policy on fake currency.

This is not the first time the note has been discussed in the Senate. Earlier, the upper house had passed a resolution calling for the note to be removed from circulation to fight inflation.

However, the caretaker finance minister had clarified that no such proposal was under discussion.

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