The government of Pakistan has decided to circulate new currency note of worth 10,000. The business community has opposed this decision by declaring it to be an increase in inflation.
The news and picture of this new note has been circulated on the social media and websites of different institutions. However, its confirmation has not yet been received by the government sources.
The president of Joria bazaar traders Association said that the government has asked for the opinion of people before launching the first lot of currency notes worth 10,000 because no opinion was taken at the time of prudential regulations.
Moreover currency notes worth high value are useless for the lay man. Besides, it can cause disruption and increase in unfair means.
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