{
  "id": 18133381,
  "title": "Pakistan to redesign currency, replace Rs10 notes with coins",
  "url": "https://urgent.news/2026/11/04/pakistan-to-redesign-currency-replace-rs10-notes-with-coins",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-04T14:24:57.000Z",
  "source": {
    "name": "Gulf News",
    "slug": "gulf-news",
    "url": "https://gulfnews.com/world/asia/pakistan/pakistan-to-replace-rs10-notes-with-coins-redesign-currency-1.500736054"
  },
  "original_language": "en",
  "account": "Pakistan’s federal cabinet has approved plans to replace the Rs10 currency note with a coin as part of a comprehensive currency reform initiative. This decision was made at a meeting chaired by Prime Minister Shehbaz Sharif, who also ratified a defence cooperation agreement with Kuwait and discussed diplomatic efforts to de-escalate tensions in the Middle East. The new banknotes will feature advanced security features and more durable materials to prevent counterfeiting and extend their lifespan. A competitive design competition was held, inviting artists and designers from across the country to submit proposals, which were reviewed by a special committee appointed by the prime minister. The cabinet did not provide a timeline for the withdrawal of the existing notes or the introduction of the redesigned currency. Additionally, Pakistan and Kuwait signed an agreement to strengthen their military cooperation and institutional links, while Pakistan continued its diplomatic engagement to ease tensions in the Middle East, particularly between the United States and Iran.",
  "summary": "Dubai: Pakistan’s federal cabinet on Wednesday approved replacing Rs10 currency notes with coins as part of a wider currency reform initiative that will introduce redesigned banknotes with advanced security features and improved durability. The decision was taken at a cabinet meeting chaired by Prime Minister Shehbaz Sharif, which also ratified a defence cooperation agreement with Kuwait and…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}