State Bank of Pakistan Denies Plastic Banknotes Rumors
SBP denies rumors of introducing plastic banknotes, calling them unfounded. Reports suggest a switch to polymer notes, but SBP clarifies no such plans are under review. SBP uses locally sourced cotton-based paper for banknotes, supporting domestic industries. Recently, the State Bank of Pakistan (SBP) rejected rumors about introducing plastic banknotes, labeling them as unfounded and … Read more