{"id":96238,"date":"2024-01-30T10:23:31","date_gmt":"2024-01-30T05:23:31","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=96238"},"modified":"2024-01-30T11:17:37","modified_gmt":"2024-01-30T06:17:37","slug":"sbp-decides-issue-new-currency-notes-soon","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/sbp-decides-issue-new-currency-notes-soon.html","title":{"rendered":"SBP to issue new currency notes with enhanced security features"},"content":{"rendered":"\n<p>Karachi: The State Bank of Pakistan (SBP) has announced its decision to issue fresh currency notes in a move aimed at enhancing security and updating the design, as reported in an article on January 30.<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/sbp-holds-interest-rate-at-22.html\" target=\"_blank\" rel=\"noreferrer noopener\">SBP\u2019s key interest rate remains same amid economic challenges<\/a><\/p>\n\n\n\n<p>According to the details, Governor Jameel Ahmed unveiled this plan on Monday, emphasising that the new notes will boast advanced security features alongside a revamped appearance. Speaking to reporters during the Monetary Policy briefing at the SBP headquarters in Karachi, Governor Ahmed highlighted the institution&#8217;s commitment to aligning with global standards. He revealed that the forthcoming banknotes will incorporate cutting-edge security measures, sporting new serial numbers and designs.<\/p>\n\n\n\n<p>Despite the ambitious initiative, Governor Ahmed acknowledged that the process would involve several steps, including securing approvals from the board and the federal cabinet, along with adhering to regulatory protocols. He assured that the transition to the new notes would be gradual, gradually phasing out the existing currency in circulation.<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/sbp-notifies-citizens-accounts-safety.html\" target=\"_blank\" rel=\"noreferrer noopener\">SBP shares details on no. of safe bank accounts, protected deposit limit<\/a><\/p>\n\n\n\n<p>Banking officials echoed the necessity for this overhaul, citing numerous complaints regarding counterfeit currency. Addressing these concerns, the SBP aims to introduce notes with bolstered security features and increased durability. This initiative marks a significant development, as the SBP hasn&#8217;t issued a new banknote series since 2005, when it introduced refreshed designs for denominations ranging from PKR 20 to PKR 5000.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Karachi: The State Bank of Pakistan (SBP) has announced its decision to issue fresh currency notes in a move aimed at enhancing security and updating the design, as reported in an article on January 30. Read: SBP\u2019s key interest rate remains same amid economic challenges According to the details, Governor Jameel Ahmed unveiled this plan on Monday, emphasising that the new notes will boast advanced security features alongside a revamped appearance. Speaking to reporters during the Monetary Policy briefing at the SBP headquarters in Karachi, Governor Ahmed highlighted the institution&#8217;s commitment to aligning with global standards. He revealed that the forthcoming banknotes will incorporate cutting-edge security measures, sporting new serial numbers and designs. Despite the ambitious initiative, Governor Ahmed acknowledged that the process would involve several steps, including securing approvals from the board and the federal cabinet, along with adhering to regulatory protocols. He assured that the transition to the new notes would be gradual, gradually phasing out the existing currency in circulation. Read: SBP shares details on no. of safe bank accounts, protected deposit limit Banking officials echoed the necessity for this overhaul, citing numerous complaints regarding counterfeit currency. Addressing these concerns, the SBP aims to introduce notes with&hellip;<\/p>\n","protected":false},"author":88,"featured_media":76277,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15017,15020],"tags":[57918,55057,21853],"persona":[],"class_list":{"0":"post-96238","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-notices-announcements","8":"category-social-developments","9":"tag-new-currency-notes","10":"tag-sbp-news-and-updates","11":"tag-state-bank-of-pakistan-sbp","12":"cat-15017-id","13":"cat-15020-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SBP Decides to Issue New Currency Notes Soon - Zameen News<\/title>\n<meta name=\"description\" content=\"SBP to issue new currency notes for enhanced security and updated design, as reported on January 30. Read for further details.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/sbp-decides-issue-new-currency-notes-soon.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SBP Decides to Issue New Currency Notes Soon - Zameen News\" \/>\n<meta property=\"og:description\" content=\"SBP to issue new currency notes for enhanced security and updated design, as reported on January 30. Read for further details.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/sbp-decides-issue-new-currency-notes-soon.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZameenPK\" \/>\n<meta property=\"article:published_time\" content=\"2024-01-30T05:23:31+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-01-30T06:17:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/05\/SBP.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1170\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Muhammad Zohaib Nasir\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:site\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Muhammad Zohaib Nasir\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"SBP Decides to Issue New Currency Notes Soon - Zameen News","description":"SBP to issue new currency notes for enhanced security and updated design, as reported on January 30. 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