M2 rises by Rs79bn in a week

Mettis Global reported that broad money, known as M2, increased by Rs79.29 billion over the week to reach Rs44.1 trillion as of September 18, 2026. The figures were published by the State Bank of Pakistan for that date. Compared with June 2026, however, M2 is lower by Rs2.36 trillion, and it stood at Rs46.46 trillion at the close of the previous fiscal year.

Within the components, currency in circulation fell by Rs102.36 billion week on week to Rs11.7 trillion. Since the current fiscal year began, it has dropped by Rs238.67 billion from Rs11.94 trillion at end-June 2026. As a share of M2, currency in circulation was 26.54%, down from 26.82% a week earlier and 25.7% in June 2024.

Bank deposits rose by Rs179.42 billion week on week to Rs32.34 trillion, yet they remain Rs2.12 trillion lower than at the start of the fiscal year. This deposit total leaves out interbank deposits, government deposits and deposits of foreign constituents.