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SBP rejects rumours about Rs10 banknote

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Cite

The Newspaper's Staff Reporter. (2026, September 18). SBP rejects rumours about Rs10 banknote. Dawn. https://www.dawn.com/news/2030752/sbp-rejects-rumours-about-rs10-banknote

Dated when The Aporia collected the article, usually within hours of publication. Check the original for its exact date and byline.

Dawn · collected 2026-09-18 · by The Newspaper's Staff Reporter

Quick Summary

The State Bank of Pakistan (SBP) denied rumors circulating on social media that the Rs10 banknote will be phased out by a specific deadline. The central bank stated these reports are baseless and clarified that any decision regarding discontinuing or replacing denominations would be officially communicated through official channels, ensuring adequate time for public exchange of discontinued notes. SBP emphasized that while they have submitted a proposal to introduce a new series of banknotes which is under consideration by the Federal Cabinet, no final decision has been made yet.
Written by AI on 2026-09-18, from this article's own text only (the story summary below draws on all the coverage).

AI analysis

Story summary

The State Bank of Pakistan (SBP) issued a statement on Thursday to deny rumors circulating on social media about the planned discontinuation or phase-out of the Rs10 banknote. The central bank clarified that it has submitted a proposal for a new banknote series, which is currently under consideration by the Federal Cabinet in KARACHI. SBP emphasized that no final decision regarding the replacement or discontinuation of any denomination has been made yet. If such a decision is eventually taken, SBP assured the public that they would be formally notified through official channels and given adequate time to exchange discontinued notes. Deputy Governor Dr Inayat Hussain had previously briefed the Senate Standing Committee on Finance and Revenue about the bank's considerations regarding potential phased withdrawals.

Written for “Pakistan Currency RumorsRejected” on 2026-11-02, grounded in this article and the 0 other(s) covering the same event.

Story

📰 Pakistan Currency RumorsRejected
Politics · 1 article(s) covering the same event.

Compared with similar articles

Nothing to compare against. No article is close enough to this one for the pipeline to have linked or judged the pair.
How this article was measured signals, leaning charts, publisher record, byline, topics and claims

Signals How these are calculated →

Claims extracted
7
sentences that state something as happening or true
Uncertain
14%
1 of 7 hedged ("reportedly", "may", "according to")
Leaning
not political
takes no side on a contested political question
Publisher signals
72/100
Dawn's corrections and hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
1
Politics
Same framing elsewhere
1
articles that frame the event the way this one does
Analyzed 2026-09-18 · how these are computed

How this is being covered How these are calculated →

Article leaning vs. publisher reliability
Source leaning vs. consistency

Publisher

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Running correction rate · 3 correction(s)
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Who wrote this

The Newspaper's Staff Reporter
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Wire or desk byline, not an individual reporter.
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Topics

KARACHI SBP The State Bank of Pakistan the Federal Cabinet the Senate Standing Committee on Finance and Revenue

Subjects

SBP ORG · 8× Dawn ORG · 1× Inayat Hussain PERSON · 1× KARACHI GPE · 1× The State Bank of Pakistan ORG · 1× the Federal Cabinet ORG · 1× the Senate Standing Committee on Finance and Revenue ORG · 1×

Narrative

“The SBP has submitted a proposal to introduce a new banknote series, which is currently under consideration by the Federal Cabinet,” it said, adding that the matter remains under deliberation and that no decision has been taken on replacing or discontinuing any denomination. “Any such decision, if taken, will be formally communicated to the public through official channels, and adequate time will be given to the public to exchange discontinued banknotes,” the SBP said.
framing: assertive · carried by 1 article(s) · first seen 2026-09-18
🔮 “The SBP has submitted a proposal to introduce a new banknote series, which is currently under consideration by the Federal Cabinet,” it said, adding that the matter remains under deliberation and that no decision has been taken on replacing or discontinuing any denomination. “Any such decision, if taken, will be formally communicated to the public through official channels, and adequate time will be given to the public to exchange discontinued banknotes,” the SBP said.
2026-09-18 · Dawn
SBP rejects rumours about Rs10 banknote · assertive framing

Claims (7 extracted, 1 hedged)

The State Bank of Pakistan (SBP) on Thursday explicitly denied social media rumours claiming the Rs10 banknote is being phased out or that there is a set deadline for its discontinuation. asserted
banknote → deny → discontinuation
The central bank said social media is trying to dispute the issue by setting a specific deadline for discontinuing the Rs10 banknote. asserted
media → say → banknote
The SBP categorically refuted reports circulating on social media about the purported discontinuation of the Rs10 banknote and the last date for its exchange. asserted
SBP → refute → exchange
“The reports are baseless and without substance,” said the SBP. asserted
SBP → say → substance
“The SBP has submitted a proposal to introduce a new banknote series, which is currently under consideration by the Federal Cabinet,” it said, adding that the matter remains under deliberation and that no decision has been taken on replacing or discontinuing any denomination. “Any such decision, if taken, will be formally communicated to the public through official channels, and adequate time will be given to the public to exchange discontinued banknotes,” the SBP said. asserted
SBP → submit → banknotes
On Aug 25, SBP Deputy Governor Dr Inayat Hussain briefed the Senate Standing Committee on Finance and Revenue, reportedly saying the SBP is considering a phased withdrawal of the Rs10 banknote because of rising printing costs. uncertain
SBP → brief → costs
Additionally, the SBP is developing a new design for the Rs5,000 note to strengthen anti-counterfeiting measures. asserted
SBP → develop → measures
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