SBP issues fresh currency notes worth Rs342 billion

  • Special teams deputed to inspect and monitor working of ATMs across Pakistan during Eid holidays.
Business

KARACHI – The State Bank of Pakistan (SBP) has issued fresh currency notes worth 342 billion rupees this Ramadan.


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According to a statement issued by the central bank, the commercial banks have been issued fresh currency notes worth 40 billion rupees out of this amount.

The amount also includes 25 billion rupees issued through SMS service by 1002 branches of commercial banks in 135 cities and sixteen field offices.

Here is a video to understand how to avoid counterfeited notes:

Posted by State Bank of Pakistan on Wednesday, September 7, 2016

Meanwhile, special teams of State Bank of Pakistan and its Banking Services Cooperation have also been deputed to inspect and monitor the working of ATMs across Pakistan during Eid holidays.