Pakistan to try different things with new polymer plastic cash banknote, old ones to be updated

Pakistan to experiment with new currency notes made of polymer plastic -  Daily Excelsior

Pakistan’s national bank is wanting to explore different avenues regarding another polymer plastic money banknote not long from now. It will likewise be updating the current banknotes for improved security and multi dimensional image highlights.

The Legislative head of State Bank of Pakistan, Jameel Ahmed, told a Senate council that all current paper money notes will be overhauled with new security highlights by December. Ahmed added that the recently overhauled banknotes in divisions of Rs 10, 50, 100, 500, 1000, and 5000 will be given in December.
Ahmed likewise let the panel know that the bank will try different things with another polymer plastic monetary order. This note would be given in one section for the general population and in the event that that is generally welcomed by them, plastic money would continue in different categories.

Presently, around 40 nations use polymer plastic banknotes, which are hard to fake and component progressed security components like 3D images and transparent windows. Australia spearheaded the presentation of polymer banknotes in 1998.

Ahmed likewise affirmed that the national bank has zero desire to end the PKR 5,000 note, regardless of worries raised by part Mohsin Aziz about working with corruption potential.

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