 has officially announced its intention to issue new currency notes equipped with advanced international.){kind=link}
The Governor of the State Bank of Pakistan (SBP), Jameel Ahmed, announced on Monday a significant decision to introduce new currency notes of all denominations. The aim is to improve security features and tackle the circulation of fake money in the country. This announcement came unexpectedly during a casual chat with journalists.
Pakistan Set to Launch Enhanced Currency Designs with State-of-the-Art Security Features”
The SBP has officially declared its plan to issue new currency notes with advanced international security features to combat the issue of black money within Pakistan. This decision reflects the SBP’s commitment to revamp the existing currency system.
Pakistan Launches New Currency Notes Today
Governor Jameel Ahmed highlighted that the new currency notes will include cutting-edge international security features to deter counterfeiting. They will feature new serial numbers, designs, and enhanced security measures to prevent the circulation of fake currency. Additionally, a design competition scheduled for February will determine the visual appearance of the upcoming currency.
New Currency Notes Pakistan
These new notes are anticipated to have vibrant colors, unique serial numbers, intricate designs, and improved security measures. This decision comes as a response to increasing complaints about counterfeit currency. Governor Jameel Ahmed assured that the transition will not be abrupt like India’s currency change.
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However, Schehzad cautioned that merely introducing new notes may not completely solve the issue of black money. The decision reflects growing concerns about the widespread circulation of counterfeit currency in Pakistan, showing the SBP’s dedication to upholding the integrity of the country’s monetary system.