The Governor of the State Bank of Pakistan (SBP), Jameel Ahmed, announced on Wednesday that the central bank will replace all current currency notes ranging from Rs. 10 to Rs. 5,000 by the end of this year. The new notes will be made from polymer, which is a type of plastic. Governor Ahmed shared this…
The State Bank of Pakistan (SBP) has dismissed speculations circulating in the news regarding the issuance of polymer currency notes, affirming its commitment to traditional paper-based banknotes. Recent controversies arose concerning misprinted banknotes in Karachi, prompting the SBP to clarify that such occurrences are inherent risks in large-scale currency production. Earlier, the SBP announced plans…