The much-discussed Pakistan new currency notes are officially in progress — but they are not yet in circulation.
The Governor of the State Bank of Pakistan, Jameel Ahmad, has confirmed that the designs for the upcoming banknotes have been finalized and approved by the SBP Board. The designs have now been forwarded to the Ministry of Finance, and final approval from the federal cabinet is awaited before printing begins.
This clarification comes amid viral social media posts claiming new Rs. 1,000 notes are already released — which SBP has declared fake.
Are New Currency Notes Available in Pakistan Right Now?
No.
SBP has clearly stated:
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❌ No newly redesigned banknotes have been issued yet
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❌ Viral images and videos circulating online are fake
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✔️ Existing notes (Rs. 10 to Rs. 5,000) remain valid legal tender
You can continue using your current currency without any issue.
Which Denominations Will Be Redesigned?
The federal cabinet has approved redesign plans for four denominations:
✔️ Rs. 100
✔️ Rs. 500
✔️ Rs. 1,000
✔️ Rs. 5,000
Importantly, the SBP governor confirmed there is no proposal to discontinue the Rs. 5,000 note, addressing widespread speculation.
What Will Change in Pakistan’s New Currency Notes?
The upcoming Pakistan new currency notes will feature:
🔐 Advanced Security Features
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Enhanced anti-counterfeiting technology
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International-standard printing quality
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Modernized watermark and thread protection
🎨 Updated Design Themes
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Representation of Pakistan’s cultural diversity
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Focus on climate awareness
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Recognition of women’s contribution to development
The goal is to strengthen protection against fake currency while refreshing the national identity reflected on banknotes.
When Will the New Notes Be Released?
There is no official launch date yet.
Here’s the expected timeline:
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Designs finalized ✔️
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SBP Board approval completed ✔️
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Cabinet approval pending ⏳
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Printing will begin after approval
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Rollout will happen phase-by-phase
The process may take time due to high security printing requirements.
Fresh Notes vs. New Designs – What’s the Difference?
Many people confuse fresh notes with redesigned notes.
SBP regularly distributes fresh condition notes (same design) before Eid and other festivals. Recently, Rs. 27 billion worth of fresh notes were supplied to banks for public distribution.
These are not new designs — just newly printed versions of existing notes.
Senate Discussion: Tax Pressure and Economic Concerns
During the same Senate Finance Committee meeting:
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Senator Abdul Qadir raised concerns about super tax burden
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Senator Sherry Rehman criticized repeated taxation
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FBR revealed super tax collections reached Rs. 217 billion
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FBR may allow installment payments in certain cases
While tax policy discussions were separate from currency reform, the meeting highlighted broader economic reforms underway in Pakistan.
Pakistan New Currency Notes – Quick Status Summary
| Topic | Status |
|---|---|
| Official new notes released? | ❌ No |
| Designs finalized? | ✔️ Yes |
| Cabinet approval done? | ⏳ Pending |
| Rs. 5,000 note discontinued? | ❌ No |
| Security upgrades planned? | ✔️ Yes |
| Current notes valid? | ✔️ Yes |
What This Means for You
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Your existing currency notes remain fully valid.
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Do not trust viral social media claims.
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New designs are coming — but gradually.
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Rs. 5,000 note is not being discontinued.
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Expect modern security features in future releases.
Final Word
The development of Pakistan new currency notes 2026 marks a major modernization step by the State Bank of Pakistan. However, until cabinet approval and official release, the current banknotes remain the only legal currency in circulation.
For accurate updates, rely only on official announcements from the State Bank of Pakistan.
Source: Propakistani
