SBP mulls ending Rs10 note on rising costs
ISLAMABAD: The State Bank of Pakistan (SBP) is considering phasing out the Rs10 banknote due to rising printing costs, while a new design for the Rs5,000 note is being prepared to curb counterfeiti
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Desk Analysis
How This Affects the Exchange
Sector Effect
Negative · Do not buy
Cautious read for Banks, Economy — price/volume reaction may stay soft near-term.
Sectors & Direction
Desk read
Desk call: Do not buy · Negatively affected
- BanksNegatively affected
- EconomyNegatively affected
Companies
Mentions in This Briefing
Sectors: Banks, Economy — Negative · Do not buy. PSX tickers: MEBL, MCB, UBL, HBL, BAHL, FABL. Cautious read for Banks, Economy — price/volume reaction may stay soft near-term.
Full Story
Open on DawnISLAMABAD: The State Bank of Pakistan (SBP) is considering phasing out the Rs10 banknote due to rising printing costs, while a new design for the Rs5,000 note is being prepared to curb counterfeiting.
The disclosure came from Deputy Governor Dr Inayat Hussain, who briefed the Senate Standing Committee on Finance and Revenue.
He said the redesigned Rs5,000 note would help reduce th
Source: Dawn Business — https://www.dawn.com/news/2025322/sbp-mulls-ending-rs10-note-on-rising-costs