State Bank is currently conducting a thorough technical review of the new notes, Governor said.
State Bank to Release New Pakistani Currency Notes in 2025. State Bank of Pakistan (SBP) Governor Jameel Ahmed has announced that the country’s currency notes will be redesigned this year.
At a press conference in Karachi on Monday, he revealed that the new currency notes will be introduced in a phased manner from later this year.
Ahmed explained that the State Bank is currently conducting a thorough technical review of the new notes.
He added, “The redesigned notes will be printed gradually and introduced into circulation in phases. The first redesigned note will be issued in 2025, although the exact denominations for the initial release have not yet been revealed.”
The governor also confirmed that the proposed designs for the new currency notes will soon be presented to the federal cabinet for approval. After approval, the State Bank will proceed with the printing and distribution.
Ahmed stressed that the phased rollout strategy will ensure a smooth transition, with the different denominations being introduced sequentially rather than starting all at once.
