There was a time between India and Pakistan when trade between both the countries was done with the same currency. Actually the matter is some time after partition. Today we cannot even imagine what the scene would have been like at that time. Pakistan had become a separate country, but it had no currency of its own to run its economy. In such a situation, Pakistan sought help from India.
When India gave currency to Pakistan
Pakistan sought help from India in such a situation. At that time an order was also issued in which only Indian notes were ordered to be circulated. After that the Indian government helped Pakistan and gave it its currency. With the help of this, the Government of Pakistan was able to carry out its work and this was the period when all the work in India and Pakistan was being done with the same currency. However, the Pakistan government had made some changes in the agreement with India.
What did Pakistan do with the currency received from India?
Pakistan had received currency from India, but there was no Pakistani stamp on it. In such a situation, he got three more Urdu words written on those notes. Actually, on the notes received from India, there was a lot of white space at some places. Where Pakistan had printed ‘Government of Pakistan’. Then, until Pakistan got the machine to print notes, its work was done with these notes only.
Let us tell you that even today the same notes of Rs 10 and Rs 100 are kept in the museum of State Bank of Pakistan. It is also written there, at the time of partition of India in 1947, the Reserve Bank of India was working as the central bank of undivided India.