Cavet Empor!

PakistanPNew-5000Rupees-2006.jpgIn the past couple of weeks I have come across a few shopkeepers who have complained of people handing fake 1000 rupee bills to them, especially the gas stations. The new thousand rupee note, looks fake even if it is an original one, as the “officials” forgot to use green ink, instead they choose red for the flag of Pakistan. Unhindered circulation of counterfeit bills, particularly of Rs 5,000 denomination, is at its peak in Islamabad these days. The fake bills look so genuine that no one can tell them from genuine ones.

There are two types of fake bills. A quality bill is 80 percent similar to a genuine bill of Rs 1,000 denomination and can be purchased for Rs 50 or Rs 70, while the B quality bill is 60 percent similar to the genuine bill of Rs 1,000 denomination and sells for Rs 15 to Rs 30. Likewise, a fake bill of Rs 5,000 denomination can be purchased for Rs 100 to Rs 200 from the open market

The business community is however using another solution “imported” from, yep, you know where. Yes our next door neighbor China, as it stands we are not really capable of coming up with our own technology to handle such crises. This is a special type of torch and I anticipate everyone here in the capital should invest in buying one. Statebank has the technology to check the counterfeit bills, but as expected, it’s too “advanced” and “expensive” for a common man to afford.

5 Comments so far

  1. Maria (unregistered) on November 14th, 2007 @ 1:56 pm

    we need more focus on the student movement – like metroblogs in lahore and karachi, I know that this blog must also be manned and mostly read by young people. Islamabad youth did a stupendous achievement on the 13th and yet there is no update on that news. they are videos, reports and photos everywhere except here!
    please people, the youth of pakistan is needed – lets all write more on what we can do to make a change in this country.

  2. zeshan (unregistered) on November 14th, 2007 @ 3:27 pm

    who is selling those fake bils and where is that open market…can you please name that market in particular…

  3. khan (unregistered) on November 14th, 2007 @ 3:28 pm

    They choose red colour for that flag cuz its not our flag. Its the national flag of Turkey (musharraf’s favorite and beloved country). Now we even have foreign countries flag on our currency.whats next? Viceroy negroponte is coming to pakistan next week, lets see what he decides for us.

  4. check_your_facts (unregistered) on November 14th, 2007 @ 7:05 pm

    A crescent and a star printed anywhere doesnt make it Paksitan’s flag. What you see on the 1000 rupees bill is just a mark. If you still think that it is our flag, can you please tell me where is the white strip? Open your minds … pleeeeease.

  5. 1967 (unregistered) on November 15th, 2007 @ 10:07 am

    Well if it’s just a mark, why don’t we have all the “marks” in the united nation on a Pakistani note? We have after all become a colony of the US anyway, so why not have the US stripes and stars in there too? Or better yet, why not have all the crap of the world on a Pakistani note? After all it’s just a mark, and deserves a place on the Pakistani 1000 rupee note!

Terms of use | Privacy Policy | Content: Creative Commons | Site and Design © 2009 | Metroblogging ® and Metblogs ® are registered trademarks of Bode Media, Inc.