SBP Considers Discontinuing Rs10 Note Amid Rising Currency Production Costs
State Bank of Pakistan is considering discontinuing the Rs10 banknote due to rising production costs, while new currency designs are being prepared with stronger security features.
Pakistan Receives $3.2 Billion in September 2025 Remittances, Surges 11.3% YoY
Pakistan received $3.2 billion in remittances in September 2025, marking an 11.3% YoY surge, driven by inflows from Saudi Arabia, UAE, and the UK, strengthening the external account.
Pakistan Cuts Bank Rewards for Overseas Remittance Inflows Despite Record $38.3 Billion
Pakistan has reduced rewards paid to banks and exchange companies for bringing in record overseas remittances, aiming to curb rising costs while pushing for more direct benefits to senders. The move comes alongside debates on promoting local payment networks like PayPak.