SBP Considering Abolishing Rs10 Currency Note, Says Official

SBP proposes replacing Rs10 banknote with coin in new currency series

The State Bank of Pakistan (SBP) has proposed removing the Rs10 banknote from the country’s next series of currency and retaining the denomination in coin form.

SBP considering abolishing Rs10 currency note, says official

Existing currency series began printing in 2005: SBPOfficial says cabinet made major design changes.New notes to enter market after changes finalised: SBPState Bank of Pakistan Deputy Governor Dr Inayat Hussain on Friday told the...

Rs10 note recommended to be discontinued by SBP

ISLAMABAD: The State Bank of Pakistan (SBP) has recommended discontinuing the Rs10 banknote, the central bank’s deputy governor

SBP Plans to Replace Rs10 Note With Coin - THE DESTINATION

ISLAMABAD: (Finance Reporter) – The State Bank of Pakistan (SBP) has announced plans to replace the Rs10 banknote with a Rs10 coin as part of the issuance of a new series of currency notes. The development was disclosed during a meeting of the Senate Standing Committee on Finance, where SBP Deputy Governor Dr Inayat Hussain […] The post SBP Plans to Replace Rs10 Note With Coin appeared first on THE DESTINATION.

SBP mulls phasing out Rs10 Note, plans for enhanced security on new Currency Notes

KARACHI: The State Bank of Pakistan (SBP) is contemplating the discontinuation of the Rs10 banknote, citing increasing production costs, according to Deputy Governor Dr. Inayat Hussain.  During a briefing with the Senate Standing Committee on Finance, Dr. Hussain explained that the SBP had previously attempted twice to retire the Rs10 note and plans to do so once the new notes are introduced. The current series of the Rs10 note has been in circu…

SBP Considers Ending Rs. 10 Note

The State Bank of Pakistan (SBP) is considering discontinuing the Rs. 10 currency note when a new series of banknotes is introduced, a senior central bank official told the Senate Standing Committee on Finance on Tuesday. The committee was briefed by SBP Deputy Governor Dr. Inayat Hussain on plans to introduce new currency notes with enhanced security features. Dr. Hussain said the SBP had previously considered withdrawing the Rs. 10 note twice.…