Tag: Money Supply
-
SBP report reveals Rs140 billion decline in Pakistan’s broad money supply
As of July 26, 2024, Pakistan’s broad money supply, known as M2, has decreased by Rs140.43 billion week-on-week, bringing the total to Rs35.15 trillion, according to provisional data from the State Bank of Pakistan (SBP). This represents a notable reduction from Rs36.56 trillion recorded at the end of the previous fiscal year in June 2024,…
-
Pakistani rupee continues to gain ground against major currencies
In Tuesday’s interbank session, the Pakistani rupee (PKR) demonstrated resilience against the US dollar (USD), settling the trade at PKR 280.25 per USD.