Central Banks

Pakistan to Unveil New Design for Currency Notes Next Year

A vendor counts banknotes at a market in Islamabad, Pakistan.

Photographer: Asad Zaidi/Bloomberg
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Pakistan plans to unveil currency notes of all denominations with a new design next year to improve security features, according to central bank Governor Jameel Ahmad.

The State Bank of Pakistan will complete working on the designs by December and issue the new notes in a phased manner, he told a parliamentary body in Islamabad on Wednesday. One of the denominations will be a polymer note, Ahmad said.