SBP issues Rs 161 billions fresh notes on Eid
Last year Rs 116 billion were issued on this occasion.
These notes included lower denomination notes (up to Rs 100) of Rs 20 billion and higher denomination banknotes ( Rs 500 and above) of Rs 141 billion, which is meant for heavy payments and ATM needs of commercial banks.
For ensuring maximum issuance, all 16 field offices of the SBP BSC issued fresh notes to the general public from its counters before Eid-ul-Azha. In addition to this, the commercial banks were also issued lower denomination fresh bank notes worth Rs 18.0 billion to disburse the same to the public and their accounts holders.