SBP rejects reports of Rs10 banknote discontinuation

The State Bank of Pakistan (SBP) has rejected social media posts claiming that the Rs10 banknote is being withdrawn and that a final exchange date has been fixed. Mettis Global reported that the central bank described these claims as baseless and said they have no substance at all.

The SBP has submitted a proposal for a new banknote series, which the Federal Cabinet is currently considering. The bank made clear that no decision has been reached on replacing or discontinuing any denomination, and the issue remains open.

Any future decision will reach the public via official channels, with adequate time given for exchanging any discontinued notes. Readers have been urged to follow only official SBP communications rather than unverified online reports.