SBP rejects reports of new designs for currency notes

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Remittances rise 11.9% to $10.6 billion in July-October FY2022
Remittances rise 11.9% to $10.6 billion in July-October FY2022
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The State Bank of Pakistan (SBP) on Monday rejected reports circulating on social media that currency notes were being redesigned, saying no such proposal was under consideration.

“Some fake news regarding new designs of currency notes is circulating on social media. SBP categorically denies the news and clarifies that no such proposal is under consideration at the moment,” the central bank said in a tweet.

It also shared a picture of the designs that were doing the rounds with the words “fake” written in bold over them.

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