Fresh Note Issuance on Eid-ul-Azha 2018 : AsiaNet-Pakistan

Fresh Note Issuance on Eid-ul-Azha 2018

August 21, 2018 | General, Official News | Share:

Karachi, August 21, 2018 (PPI-OT): To meet the demand for currency on the occasion of Eid-ul-Azha, State Bank of Pakistan through its 16 field offices of its subsidiary SBP Banking Services Corporation (SBP BSC) issued fresh notes of Rs. 185 billion for Eid-ul-Azha 2018 as compared to Rs.168 billion issued on previous Eid-ul-Azha.

Out of the total fresh notes issued, Rs. 12 billion of lower denomination (upto Rs. 100) fresh notes have been provided to commercial banks as compared to Rs. 8 billion on last Eid-ul-Azha, for onward distribution among general public and account holders. Furthermore, Rs. 200 billion of fresh and good quality ATM notes of higher denomination (Rs. 500 and above) have been issued to commercial banks for smooth operations and availability of cash in ATMs during and before Eid holidays.

For more information, contact:
Chief Spokesman,
State Bank of Pakistan (SBP)
Central Directorate
I.I. Chundrigar Road, Karachi, Pakistan
Tel: +92-21-111-727-111
Tel: +92-21-39212562
Fax: +92-21-39212433 – 39212436
Email: chief.spokesperson@sbp.org.pk
Website: www.sbp.org.pk

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Category: General, Official News