Governor State Bank Jameel Ahmed has made an important statement regarding the availability of new design currency notes on Eid-ul-Fitr 2026.
He clarified that the new currency design notes will not be available before Eid, as the approval and printing process is still pending.
Speaking to the media, the State Bank governor said the designs of the new currency notes have been submitted to the federal cabinet.
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He explained that once the cabinet grants approval, the printing and stocking process will begin, which will take time. Therefore, the public should not expect the new notes to be issued before Eid.
Jamil Ahmed stated that the upcoming currency notes will include the latest security features, adding that the improved design will help ordinary citizens easily distinguish between genuine and counterfeit notes, strengthening trust in the currency system.
The governor also shared updates on Pakistan’s banking and economic outlook.
Ramadan, Eidul Fitr 2026 dates revealed in Pakistan
He revealed that major banks from three different countries have expressed interest in opening operations in Pakistan, reflecting growing confidence in the country’s financial sector.
Will old design notes remain valid?
The federal government has decided to redesign all currency notes ranging from Rs 10 to Rs 5,000 and is also planning to introduce a plastic polymer note alongside traditional paper currency, according to local media reports.
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A key aspect of the decision is that no existing denomination will be discontinued. Instead, all currency notes will be reissued with fresh designs and enhanced security features.
Officials in the Ministry of Finance said the redesigned notes are expected to be introduced within the current year.
Pakistan currently has approximately Rs 10,260 billion in currency circulating nationwide. To manage the transition smoothly, the government will provide banks with a clear timeline for exchanging existing notes with the newly designed currency.
