State Bank of Pakistan has announce new currency notes release date. The State Bank of Pakistan (SBP) has completed preparatory work for issuing newly designed Pakistani Rupee (PKR) currency notes. And is awaiting approval from the federal cabinet to proceed. According to the Pakistan Security Printing Corporation (PSPC), the new notes will feature modern and enhanced security features. The final designs have yet to be formally receive for printing, reported a news daily. Once cabinet approval is give, the printing process will take at least two months.
Senior Manager Printing Amir Shams said consultations have held between the SBP and PSPC regarding the printing of the new currency. He said the central bank is still considering whether the new designs will be issue in phases. Or whether notes of all denominations will be introduce simultaneously. SBP will announce its official printing schedule later this year. If the cabinet approves, the new currency notes will most likely be release later this year.
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The government has hinted at the likely release date for Pakistan’s new currency notes. Signaling an important step in the country’s monetary updates. According to officials, the new notes are expect to be introduce soon. Though an exact date has not been officially confirmed. Experts say the release of new currency notes typically involves careful planning. Including public awareness campaigns to ensure a smooth transition. Banks and ATMs are expect to gradually accommodate the new notes once they are officially launched.
The upcoming currency notes are part of the State Bank of Pakistan’s ongoing efforts to modernize the country’s cash system. Improve security features, and curb counterfeiting. The new designs will include enhanced safety measures and updated visual elements to make them more secure and user-friendly. The exact release date is expect to be reveal in the coming weeks. And the public can anticipate further updates from the State Bank of Pakistan.