Will SBP Issue Fresh Currency Notes Ahead of Eid-ul-Fitr 2023?

Will SBP Issue Fresh Currency Notes Ahead of Eid-ul-Fitr 2023?

With Eid ul Fitr just around the corner, Pakistanis are actively seeking out methods to obtain crisp currency notes to give to children as Eidi. 

This religious festival is celebrated by Muslims worldwide, and the citizens of Pakistan are no exception in their preparations for the occasion.

Read more | Extra Holidays for Eid Ul Fitr

As Eid approaches, the demand for fresh currency notes of different denominations for Eidi is on the rise. 

However, the supply is failing to keep up with the demand, as individuals scramble to obtain new notes for their personal use.

On the occasion of Eid, the State Bank of Pakistan (SBP) refreshes its circulating supply of cash by printing billions of new notes. 

According to a spokesperson from the central bank, as reported by Geo.tv, there will be no issuance of new currency notes for the general public at this time.

The Eid ul Fitr celebration is considered a more significant and delightful occasion than Eid ul Adha, particularly in the eyes of children, due to the customary cash gifts known as ‘Eidi.’

According to Ruet-e-Hilal Research Council Secretary General Khalid Aijaz, the anticipated date for Eid ul Fitr, April 21, is unlikely as the moon is not expected to be sighted on April 20. This news comes as a disappointment to those eagerly awaiting the holiday.

According to an official who spoke to Geo News, the crescent marking the beginning of Shawwal is expected to be noticed after the completion of 30 days of Ramadan. Eid ul Fitr is set to fall on Saturday, April 22.

According to Aijaz’s prediction, the new crescent is expected to be born on April 20 at 9:13am with an age of less than 10 hours on the same day.

According to an expert, sighting the crescent on April 20 would require a duration of more than 19 hours. Even if the sky is clear, the moon would not be visible.

Any testimony given on April 20 is likely to be inaccurate due to the upcoming month of Ramadan lasting for a full 30 days, causing the 1st Shawwal to occur on April 22, as per the sources reported.

Read more | Food to try on Eid ul Fitr 2023

The Ministry of Religious Affairs released a statement on Tuesday stating, the Central Ruet-e-Hilal Committee is scheduled to convene on April 20 to observe the crescent moon of Eid ul Fitr.

Read Previous

Pervez Elahi booked in Corruption Charges

Read Next

Is Government planning to extend Eid Holidays ?

Leave a Reply

Your email address will not be published. Required fields are marked *