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 & good quality ATM notes of higher denomination (Rs. 500 & above) have been issued to commercial banks for smooth operations and availability of cash in ATMs during and before Eid holidays.