October 10, 2024
SBP decides not to issue fresh currency notes for Eid ul Fitr

SBP decides not to issue fresh currency notes for Eid ul Fitr

KARACHI: State Bank of Pakistan (SBP) on Monday said that it will not issue fresh currency notes on this Eid ul Fitr.

The decision has been taken due to measures taken by the government to prevent spread of COVID-19.

The SBP issued a notification suspending the issuance of fresh currency notes to public.

The SBP said that the bank’s management had taken multiple precautionary measures to ensure social distancing and mitigate the spread of COVID-19.

“These include but are not limited to performing of only essential / critical functions, making comprehensive work from home arrangements, ensuring workplace SOPs, issuance of medical advisories, etc.”

Accordingly, the bank’s COVID-19 committee had decided not to issue fresh notes to general public and employees / ex-employees of SBP and its subsidiaries on occasion of Eid-ul-Fitr 2020.