The State Bank of Pakistan (SBP) has officially selected a new design for the upcoming currency notes. This announcement was made by SBP Governor Jameel Ahmad during a press conference held in Karachi on July 30, 2025, where he also addressed the decision to maintain the current interest rate. The governor revealed that the new design, created by an international expert, has been finalized. However, the launch of the new notes is pending approval from the federal cabinet. Once approved, the SBP will begin the process of printing and circulating the redesigned notes as part of a broader effort to modernize Pakistan’s currency system.