The federal government is considering a possible change to Pakistan’s currency system, as the federal cabinet has formed a special committee to review the future of the Rs. 10 banknote.
According to official sources, the committee—headed by the Federal Finance Minister—has been tasked with examining whether the Rs. 10 note should be withdrawn or retained. The move comes amid rising production costs and broader efforts to modernize the country’s currency structure.
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The cabinet has directed the committee to evaluate the cost of printing the Rs. 10 banknote and assess whether it remains economically viable. One of the key proposals under review is whether replacing the Rs. 10 note with a Rs. 10 coin would be a more practical and cost-effective option in the long run.
Why Is the Rs. 10 Note Under Review?
Currency experts have long pointed out that lower-denomination notes wear out quickly, leading to frequent reprinting and higher costs for the government. Coins, on the other hand, generally have a much longer lifespan, reducing replacement expenses over time.
The committee will also examine public usage trends, durability concerns, and logistical implications before finalizing its recommendations.
Once the review is complete, the committee will submit a formal report to the federal cabinet, which will then make the final decision on whether the Rs. 10 note will continue in circulation or be replaced by a coin.
For now, no immediate change has been announced, and the Rs. 10 note remains legal tender until an official decision is made.
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