Tag: Notes

Pakistan prints more money, to replace coronavirus-contaminated notes

The State Bank of Pakistan (SBP) has increased the printing of its currency notes to replace the coroanvirus-contaminated notes. Experts have said that following the decision, it’s likely that inflation would go up, causing prices of essential items to increase. Economist Baqir Jaffari clarified that prices of in the economy increase when  the bank increases its liabilities and the money supply in the economy without any reason.