How RBI Helped Pakistan After Independence By Printing Its Money- A Rare Historical Chapter
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How RBI Helped Pakistan After Independence By Printing Its Money- A Rare Historical Chapter
In a surprising twist of history, the Reserve Bank of India (RBI) played a critical role in Pakistan’s early financial system by printing and distributing its currency post-Partition in 1947. This unique collaboration occurred before Pakistan had a central bank of its own. RBI Functioned as Pakistan’s Monetary Authority Post-Partition Following the British exit in August 1947, Pakistan was left without a central banking institution. To ensure ec…
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