Money supply reaches to Rs35.18tr in November

News Image

MG News | January 02, 2024 at 02:56 PM GMT+05:00

0:00

January 02, 2024 (MLN): The total money supply circulating within the economy till November 2023 has been recorded at Rs35.18 trillion, according to provisional accounts on Monetary Aggregates for the month, maintained by the State Bank of Pakistan (SBP).

The money circulating within the economy until October 2023 was Rs34.91tr whereas, in the month of November of last year, the figure was Rs30.82tr. This means that the money supply has risen by 0.78% MoM while, on a year-on-year basis, it has jumped by 14.15% YoY.

Having broken down the overall money supply into broad categories, the SBP data shows that Rs8.39tr were circulated as notes while Rs18.33tr accounted for transferable deposits which comprise all deposits that are exchangeable on demand at par without penalty/restriction.

The currency circulated as notes which have been high in Pakistan relative to other developed and emerging economies because of the high informal economy fell by over 0.2% MoM, while rising by 10.67% over the year.

Apart from this, other deposits constituted Rs5.27tr in November 2023, down by 0.69% MoM and up 15.3% YoY.

Other deposits represent all claims other than transferable deposits in national or foreign currency that are represented by evidence of deposits.

Meanwhile, coins in circulation remained rose to Rs9.24 billion in November 2023 compared to Rs9.19bn in the previous month and Rs9bn in November 2022.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 162,257.01
562.77M
1.87%
2976.92
ALLSHR 99,380.23
1,709.54M
1.45%
1420.48
KSE30 49,723.02
249.85M
2.19%
1064.70
KMI30 242,320.07
203.65M
1.92%
4557.15
KMIALLSHR 67,250.10
719.31M
1.41%
933.64
BKTi 43,218.98
85.51M
2.61%
1101.06
OGTi 33,939.93
32.55M
2.48%
822.14
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 109,505.00 110,495.00
109,270.00
-515.00
-0.47%
BRENT CRUDE 70.34 70.44
69.11
0.92
1.33%
RICHARDS BAY COAL MONTHLY 84.00 0.00
0.00
0.00
0.00%
ROTTERDAM COAL MONTHLY 92.95 92.95
92.90
0.15
0.16%
USD RBD PALM OLEIN 1,085.00 1,085.00
1,085.00
0.00
0.00%
CRUDE OIL - WTI 66.02 66.15
64.66
1.04
1.60%
SUGAR #11 WORLD 16.36 16.41
16.21
0.08
0.49%

Chart of the Day


Latest News
September 26, 2025 at 05:10 PM GMT+05:00

PSX Closing Bell: What a Wonderful Run


September 26, 2025 at 04:55 PM GMT+05:00

Hala completes major solar installation at Lahore factory


September 26, 2025 at 04:48 PM GMT+05:00

Suraj to shut down Nooriabad Unit


September 26, 2025 at 04:45 PM GMT+05:00

Unity Foods swings to Rs1.63bn profit in FY25



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg