KARACHI: The State Bank of Pakistan (SBP) has confirmed the issuance of fresh currency notes, refuting the assertion that fresh banknotes will not be issued this Eid-ul-Fitr.
In a statement issued today, the SBP has directed commercial banks to issue new banknotes on the occasion of Eid-ul-Fitr 2025, upholding its tradition.
“The central bank continues its longstanding practice of issuing fresh banknotes to commercial banks on the occasion of Eid-ul-Fitr, leveraging their extensive nationwide branch networks to facilitate public access to fresh banknotes,” the statement read.
The state bank further stated that it has so far issued Rs27 billion fresh banknotes of all denominations to 17,000 branches of commercial banks for onward distribution to the general public.
“Likewise, arrangements have also been made to ensure that ATM network of banks issues uninterrupted good quality banknotes to the general public during the festive season,” it added.
Furthermore, the statement added that the bank has also deployed its cash monitoring teams to conduct onsite inspections, ensuring the disbursement of fresh banknotes to the general public.
