SBP rejects reports of new designs for currency notes.

The State Bank of Pakistan (SBP) on Monday rejected reports circulating on social media that currency notes were being redesigned, saying no such proposal was under consideration.

"Some fake news regarding new designs of currency notes is circulating on social media. SBP categorically denies the news and clarifies that no such proposal is under consideration at the moment," the central bank said in a tweet.

It also shared a picture of the designs that were doing the rounds with the word "fake" written in bold over them.

The State Bank had last redesigned a currency note more than a decade...