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Pakistan Reveals Potential Designs for New Currency Notes

Pakistan Reveals Possible Designs of New Currency Notes on Thursday.

On Thursday, the State Bank of Pakistan (SBP) Reveals proposed designs for new currency notes in all denominations. The projected designs were chosen from a pool of designs submitted by locals in an art competition hosted by the SBP.

Following a rigorous examination procedure carried out by a panel of eminent specialists, the following artists were chosen for their amazing designs:

Sherry Abidi received the Rs 10 denomination first prize.

Mirza Sufiyan received the second prize with a value of Rs 10.

Haroon Khan received the first prize in Rs 20 denomination.

Rs 50 denomination 1st prize won by Syed Fawad Hussain

Memoona Afzal received first prize in the Rs 100 denomination.

“We (SBP) are pleased to announce the successful conclusion of the Art Competition for the Design of the New Banknote Series.” We thank the local artists and designers who participated in the competition and demonstrated their ingenuity and talent in this important initiative,” the central bank said in a statement issued here.
According to the SBP, a committee of recognized specialists in relevant sectors thoroughly reviewed and selected the designs.
The SBP stated that foreign designers are collaborating with the central bank, using the suggested shortlisted designs for the new currency notes.

Hadiya Hassan got first prize in the Rs 500 denomination.

Aynee Zahra got the Rs 500 denomination second prize.

International Designers

International designers, working with SBP officials, will finalize the designs for the new currency series.
The statement noted that international designers while drawing inspiration from local art submissions, will have the freedom to use their design expertise and creativity to develop the final designs for the new banknote series.

Noureen Aslam received first prize in the Rs 1000 denomination.

Memoona Afzal received first prize in the Rs 5000 denomination.

Karim Muhammad received the Rs 5000 denomination second prize.

The SBP will ensure that the new banknote series respects our country’s rich cultural legacy and progressive outlook, and we hope that the final designs fully reflect this joint effort.

The statement further mentioned that the winners will receive prize money, as previously announced, in recognition of their contribution to this significant national project.

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