Breaking News: New Currency Notes Pakistan 2026 – SBP Confirms Printing and Release Plan

New Currency Notes Pakistan 2026 have officially entered the final approval stage after confirmation from the State Bank of Pakistan. According to recent monetary policy briefings and statements by SBP Governor Jameel Ahmad, the process of redesigning and printing new banknotes is almost complete. The initiative aims to modernize Pakistan’s currency system, improve security features, and align banknotes with international standards while ensuring a smooth and disruption-free transition for the public.

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SBP Official Update on New Currency Notes Pakistan

During a press conference held after the latest monetary policy announcement, the SBP Governor confirmed that preparations for printing new currency notes are at an advanced stage. The redesigned notes have already been finalized and shared with the federal government. Once formal cabinet approval is granted, the State Bank will immediately proceed with the printing phase. SBP has clarified that the circulation of new notes will be gradual to maintain stability in the cash market and avoid shortages.

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Current Status of New Currency Notes Pakistan

Redesign Completed	Yes
Federal Government Review	Completed
Cabinet Approval	Pending
Printing Start	After Approval
Circulation Method	Phased Release

The SBP has followed a cautious and well-tested approach used in previous currency transitions. This strategy ensures that banks, businesses, and the general public adjust comfortably without panic or confusion.

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When Will New Currency Notes Be Printed

Printing of new currency notes will begin immediately after approval from the federal cabinet. Based on SBP’s previous currency rollouts, printing usually starts within a few weeks of approval. However, the notes will not enter the market all at once. SBP plans to build sufficient replacement stock before releasing the notes into circulation to ensure continuity of cash supply across the country.

How Many Denominations Will Be Introduced First

The State Bank has confirmed that two to three denominations will be printed simultaneously in the first phase. Although the exact denominations have not been officially announced, experts believe that commonly used notes will be prioritized to maximize public convenience.

Currency Denominations in Pakistan

Rs 10	Currently in Circulation
Rs 20	Currently in Circulation
Rs 50	Currently in Circulation
Rs 75	Currently in Circulation
Rs 100	High Daily Usage
Rs 500	High Daily Usage
Rs 1,000	High Daily Usage
Rs 5,000	High Value Note

Mid-range notes such as Rs 100, Rs 500, and Rs 1,000 are expected to be introduced first due to their frequent use in daily transactions.

Phased Circulation Strategy Explained

The SBP has clearly stated that new currency notes will not be released all at once. Instead, old and new notes will circulate together for a period of time. This approach ensures a smooth replacement process, prevents cash shortages, and maintains public confidence in the currency system. Gradual circulation also allows banks and businesses to adapt their cash handling systems accordingly.

Role of International Experts in Currency Redesign

The federal government has confirmed that international currency design experts were involved in the redesign process. A special cabinet committee reviewed multiple proposals to ensure the new notes meet global standards. This collaboration focuses on incorporating advanced anti-counterfeit features, improving durability, and enhancing accessibility for visually impaired users.

Why Pakistan Is Introducing New Currency Notes

Pakistan is introducing new currency notes to address growing challenges in the existing system. Rising counterfeit risks, outdated security features, and increasing demand for durable banknotes made redesign necessary. The new notes will strengthen cash security, improve usability, and bring Pakistan’s currency closer to international best practices.

Will Old Currency Notes Become Invalid

There is no announcement regarding immediate demonetization of existing notes. The SBP has historically avoided sudden invalidation of currency, and the same approach is expected this time. Old notes will continue to remain legal tender while new notes are gradually introduced. Any future withdrawal of older designs will be announced well in advance to avoid inconvenience.

Impact of New Currency Notes Pakistan on Economy

In the short term, the introduction of new notes is expected to cause minimal disruption. Public curiosity and increased attention are natural during such transitions, but banking operations will continue smoothly. In the long term, improved security features will help reduce counterfeit circulation, strengthen trust in cash transactions, and support overall financial stability.

What to Expect Next

After cabinet approval, the SBP is expected to officially announce printing dates, confirm initial denominations, and share details about security features. Phased circulation will then begin across the country. For the general public, no immediate action is required, as both old and new notes will be accepted during the transition period.

Conclusion

The confirmation from the State Bank of Pakistan makes it clear that New Currency Notes Pakistan 2026 are moving from planning to reality. With cabinet approval as the final step, Pakistan is set to introduce modern, secure, and internationally compliant banknotes through a carefully managed and phased process. This initiative reflects long-term financial planning and aims to strengthen confidence in Pakistan’s currency system while ensuring a smooth experience for citizens and businesses alike.