Currency in circulation at Rs10.9tr

Pakistan's broad money (M2) supply rose to Rs41.63 trillion, registering a week-on-week increase of Rs346 billion. On a fiscal year-to-date basis, M2 has expanded by Rs838 billion, while the calendar year-to-date growth stands at Rs346 billion. On an annual basis, the broad money recorded a substantial rise of Rs6.01 trillion, supported by higher deposit mobilisation and balance-sheet expansion within the banking sector, according to data compiled by Optimus Capital Management. A closer look at the composition of money supply shows that total bank deposits climbed to Rs30.66 trillion, increasing by Rs367 billion during the week and by Rs4.22 trillion compared to the same period of last year.