Why Is Pakistan About To Change Its Currency

Pakistan has made a significant announcement: the State Bank of Pakistan’s Governor, Jameel Ahmed, revealed at a summit that all existing paper currency notes will be redesigned with new security features by December this year. The new notes will be made of polymer plastic, enhancing durability and security. The central bank aims to incorporate improved security and hologram features into all current banknotes. This redesign is part of a broader effort to combat counterfeiting and ensure the integrity of Pakistan’s currency. The introduction of polymer notes is expected to provide a more secure and long-lasting form of money, reflecting the country’s commitment to modernizing its financial system.