As per the State Bank of Pakistan Order 1948, the State Bank of Pakistan was charged with the duty to regulate the issue of banknotes and keeping of reserves with a view to securing monetary stability in Pakistan and generally to operate the currency and credit system of the country to its advantage.

The State Bank of Pakistan Act 1956, with subsequent amendments, forms the basis of its operations today. In terms of Section 24 to 35, State Bank of Pakistan has the sole right to issue banknotes.

Currently, new banknote series is in circulation which was introduced by State Bank of Pakistan in 2005 by introduction of 20 rupee denomination banknote followed by introduction of other banknote denominations of 50, 100, 500, 1000, and 5000.

For any further information on Pakistani banknotes please write to us at:

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