Governor Jameel Ahmed of the State Bank of Pakistan (SBP) unveiled a significant decision on Monday, declaring the introduction of new currency notes across all denominations. This move aims to bolster security features and curb the circulation of counterfeit currency within the country.
During an informal exchange with journalists, Governor Jameel Ahmed unexpectedly disclosed plans to roll out fresh currency notes across Pakistan. This initiative, targeted at addressing the issue of black money, underscores the SBP’s commitment to revamping the existing currency system.
Read also: Dollar Gains Ground Against Pakistani Rupee – January 29, 2024 USD PKR Rate
Governor Jameel Ahmed stressed that the upcoming currency notes would integrate advanced international security measures to thwart counterfeiting attempts. Furthermore, a design competition scheduled for February will determine the visual aesthetics of the forthcoming currency.
Anticipated to feature vibrant hues, unique serial numbers, intricate patterns, and enhanced security features, these new notes aim to ensure the authenticity of Pakistan’s currency.
Governor Jameel Ahmed reassured the public against any abrupt disruptions, clarifying that the transition process would not replicate sudden currency change.
This post was last modified on January 29, 2024 2:00 pm
Pakistan’s freelancing market is rapidly emerging, and the export earnings of Pakistani freelancers are expected…
To celebrate the release of Atif Aslam’s highly anticipated new album, Subah Aye Na, Spotify…
KARACHI: Supernet Technologies Limited (STL) is looking to strengthen its working-capital capacity as a growing…
Master Changan Motors Limited (MCML), Pakistan’s No.1 new entrant and leading Chinese automotive brand, is…
The International Finance Corporation (IFC) and Bank Alfalah Limited have signed a Project Agreement marking…
Meezan Bank, Pakistan’s premier Islamic bank, has inaugurated its first Service Center at Clifton Bridge,…
This website uses cookies.
