Pakistan: Pakistan’s money supply, known as broad money (M2), dropped by Rs46.6 billion to Rs35.64 trillion as of September 6, according to the State Bank of Pakistan (SBP). This is a decline of over Rs940 billion compared to June 2024.
At the same time, the amount of currency in circulation went up by Rs212.71 billion to Rs9.09 trillion. However, this is still down by Rs61.11 billion from June 2024.
Deposits held by banks also decreased by Rs256.21 billion, totaling Rs26.43 trillion. This number does not include inter-bank deposits, government funds, or foreign deposits.
Overall, M2 includes all the money in circulation plus the total deposits held by banks. The recent changes reflect shifts in Pakistan’s financial situation, affecting how much money is available in the economy.
