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Reading: SBP Unveils Shortlisted Designs for New Currency Series
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SBP new currency designs
PhotoNews Pakistan > Pakistan > SBP Unveils Shortlisted Designs for New Currency Series
Pakistan

SBP Unveils Shortlisted Designs for New Currency Series

Web Desk
By Web Desk Published September 6, 2024 2 Min Read
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Pakistan's new banknotes shortlisted designs unveiled. Photo Credits: @poetryafsana(X)
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The State Bank of Pakistan (SBP) announced the shortlisted designs for a new series of currency notes, ranging from Rs10 to Rs5,000, scheduled for release by the end of the year.

In a press statement, the SBP praised the creativity of local artists involved in the design competition. The designs are undergoing final reviews by international designers who will determine the banknotes’ final appearance.

“The SBP aims for the new series to reflect our nation’s cultural richness and forward-looking ethos. We anticipate the designs will embody this collaborative spirit,” the SBP communicated.

The proposed designs include images of national icons such as Quaid-e-Azam Muhammad Ali Jinnah and Fatima Jinnah. The international designers, who will contribute their global perspective and expertise to the project, will refine these further.

The State Bank of Pakistan (SBP) announced the winners of its competition for the designs of the new banknote series.

The central bank had initiated the process for designing and issuing of new banknotes series of all existing denominations in January, 2024.

It announced an art… pic.twitter.com/YkXZvymqZX

— Mohsan Waqar 🇵🇰 (@mohsanwaqar) September 6, 2024

The competition’s winners will be acknowledged with cash prizes, and the SBP will soon announce the details of the award ceremony.

The SBP also disclosed the competition’s winners. Dr. Shery Abidi took the first prize for the Rs 10 banknote, and Mr. Mirza Sufiyan won second place. Other notable recipients include Mr Haroon Khan for the Rs 20 note and Ms Memoona Afzal, who won for the Rs 100 and Rs 5,000 notes.

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