M2 falls by Rs99bn in a week

Broad money, known as M2, fell by Rs98.86 billion week on week to Rs43.73 trillion as of August 21, 2026, according to State Bank of Pakistan data that Mettis Global reported. Compared with June 2026, the aggregate has shrunk by Rs2.73 trillion, down from Rs46.46 trillion at the close of the last fiscal year.

Currency in circulation, meaning banknotes and coins held by the public and financial institutions, dropped Rs133.65 billion in the week to Rs11.79 trillion. For the current fiscal year, it has declined by Rs153.36 billion from Rs11.94 trillion at the end of June 2026, and its share of M2 slipped to 26.96% from 27.2% a week earlier.

Deposits held with banks rose Rs36.99 billion week on week to Rs31.89 trillion, yet they remain Rs2.57 trillion lower for the fiscal year so far. These totals exclude inter-bank deposits, government deposits and deposits of foreign constituents.