State Bank of Pakistan Refutes Rumors Regarding Discontinuation of Rs. 10 Banknote.
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✧ GENERATE BRIEFING
The State Bank of Pakistan (SBP) refutes social media reports claiming the Rs. 10 banknote is being discontinued, confirming no such decision has been made. The State Bank of Pakistan (SBP) has formally and categorically refuted rumors circulating on social media regarding the purported discontinuation of the Rs. 10 banknote and the establishment of a deadline for its exchange, declaring the claims entirely baseless.While the SBP has submitted a proposal for a comprehensive new banknote series currently under deliberation by the Federal Cabinet, no final decision has been reached regarding the replacement or withdrawal of any existing denomination. The central bank emphasized that any future policy changes concerning currency denominations will be communicated transparently through official channels, with adequate transition periods provided to the public. The SBP has advised citizens to disregard unverified social media claims and rely solely on official announcements.
The State Bank of Pakistan (SBP) categorically refutes reports circulating on social media regarding the purported discontinuation of the Rs. 10 banknote and the last date for its exchange. The reports are baseless and have no substance.
SBP has submitted a proposal for the introduction of a new banknote series, which is currently under consideration by the Federal Cabinet. The matter remains under deliberation, and no decision has been taken regarding the replacement or discontinuation of any denomination.
Any such decision, if taken, will be formally communicated to the public through official channels and adequate time will be given to the public for exchange of discontinued banknotes, if any.
The public is advised to rely only on official communications issued by SBP.
