The State Bank of Pakistan (SBP) has completed its preparatory work for issuing newly designed Pakistani Rupee (PKR) currency notes, with the final launch now dependent on approval from the federal cabinet.
According to media reports, the new banknotes are most likely to be released later this year if approval is granted in time.
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Officials from the Pakistan Security Printing Corporation (PSPC) have confirmed that extensive coordination has already taken place between the central bank and the printing authority.
The redesigned currency will feature modern layouts along with enhanced security features aimed at reducing counterfeiting and improving durability.
READ: Will State Bank release newly designed currency notes this Eid-ul-Fitr 2026?
However, the final designs of the new notes have not yet been formally handed over to PSPC for printing. A senior PSPC official said that once the cabinet gives its approval, the printing process itself will require a minimum of two months before the notes can be released into circulation.
Senior Manager Printing at PSPC, Amir Shams, stated that consultations between SBP and PSPC are in their final stages.
He explained that the State Bank is still deciding on its rollout strategy. One option under consideration is issuing the new notes in phases, starting with select denominations.
READ: Pakistan to redesign currency notes: Will old notes remain valid?
Another option is launching all denominations simultaneously to ensure uniformity across the currency system.
The SBP is expected to announce an official printing and circulation schedule later this year.
Reports indicated that the central bank wants to ensure that the transition does not disrupt daily transactions or create confusion among the public.
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Pakistan has been planning a currency redesign for some time, mainly to introduce advanced security features in line with international standards.
These features may include improved watermarks, security threads, color-shifting ink, and other modern elements designed to prevent forgery.
How to identify fake currency notes
The citizens are warned against the fake currency notes circulating in the market, here is how to identify Fake notes of 5000, and 1000.
