Old Rs 500 notes life extended by a year

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Prime Minister (PM) Yousaf Raza Gilani approved the date to exchange the old designed Rs 500 Rs 500 for another year. Gilani approved the extension on the Ministry of Finance’s recommendations, on the request of the public and parliamentarians. The date of exchange of Rs500 (old design) bank note by commercial banks has been extended for further year till 30 September 2012.

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