Pakistan’s central bank, the State Bank of Pakistan (SBP), has unveiled potential designs for a new series of currency notes across all denominations, marking a significant update in the country’s monetary system. The announcement, made on Thursday, introduces a range of fresh designs aimed at enhancing security features and modernizing the visual aesthetics of Pakistan’s banknotes.
The redesigned currency notes are set to include updated security features to combat counterfeiting, a growing concern in Pakistan’s financial sector. The SBP’s initiative comes in response to advances in counterfeit technology and aims to ensure the integrity and reliability of Pakistan’s currency.
Each denomination in the new series will feature distinct design elements and themes reflecting Pakistan’s cultural heritage and natural beauty. The notes are expected to showcase images of iconic landmarks, historical figures, and symbols of national pride. The central bank has emphasized that these changes will not only enhance security but also celebrate Pakistan’s rich history and diverse culture.
The new designs have been developed in collaboration with local and international experts in currency design and security. The SBP has conducted extensive research and testing to incorporate advanced anti-counterfeiting technologies, including holograms, colour-shifting inks, and intricate patterns that are difficult to replicate.
The SBP has also announced a public consultation process to gather feedback on the proposed designs. Citizens and stakeholders are invited to review and comment on the designs, providing input that may influence the final selection.
The SBP will gradually introduce the redesigned currency into circulation, with the current notes remaining valid until the new ones are fully implemented. The central bank will also provide guidance and education on the new security features to help the public become familiar with the changes.