Scribd Logo
Upload

Welcome to Scribd!

  • 31 views

    Factors Affecting Reserve Money (RM)

    Uploaded by

    callmeshani1
    Reserve money in Pakistan increased by 12.86% in FY14 and 9.86% in FY15. The key components of reserve money are currency in circulation, required reserves of banks and other deposits. Between July 2014 to September 2015, net foreign assets increased reserve money by Rs. 24.7 billion while net domestic assets increased it by Rs. 121.5 billion primarily due to a rise in government sector borrowings.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content

    You might also like

    Factors Affecting Reserve Money (RM)

    Uploaded by

    callmeshani1
    31 views1 page
    Reserve money in Pakistan increased by 12.86% in FY14 and 9.86% in FY15. The key components of reserve money are currency in circulation, required reserves of banks and other deposits. Between July 2014 to September 2015, net foreign assets increased reserve money by Rs. 24.7 billion while net domestic assets increased it by Rs. 121.5 billion primarily due to a rise in government sector borrowings.

    Original Description:

    Reserve Money Statement of State Bank of Pakistan.

    Original Title

    Reserve Money

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    Reserve money in Pakistan increased by 12.86% in FY14 and 9.86% in FY15. The key components of reserve money are currency in circulation, required reserves of banks and other deposits. Between July 2014 to September 2015, net foreign assets increased reserve money by Rs. 24.7 billion while net domestic assets increased it by Rs. 121.5 billion primarily due to a rise in government sector borrowings.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    31 views1 page

    Factors Affecting Reserve Money (RM)

    Uploaded by

    callmeshani1
    Reserve money in Pakistan increased by 12.86% in FY14 and 9.86% in FY15. The key components of reserve money are currency in circulation, required reserves of banks and other deposits. Between July 2014 to September 2015, net foreign assets increased reserve money by Rs. 24.7 billion while net domestic assets increased it by Rs. 121.5 billion primarily due to a rise in government sector borrowings.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    of 1

    2) Reserve Money (RM)

    (Million Rupees)

    Stocks at EndJune 2015P

    COMPONENTS
    A
    B
    C
    D

    Currency in Circulation
    Cash in Tills
    Other Deposits
    Banks / NBFIs Deposits

    2,554,749
    160,299
    15,153
    413,234
    3,143,436

    Reserve Money (RM)


    Growth

    Flows

    FY 14

    FY 15P

    Monetary Impact Since


    1st July to
    4-Sep-15 P

    5-Sep-14

    239,650
    28,623
    2,624
    55,099
    325,996

    376,877
    20,809
    2,006
    -117,512
    282,180

    208,670
    -25,409
    -90
    118,989
    302,160

    95,292
    -26,514
    163
    -2,627
    66,314

    12.86%

    9.86%

    9.61%

    2.32%

    Factors Affecting Reserve Money (RM)


    A
    B

    1/

    Net Foreign Assets


    Net Domestic Assets (1+2+3+4)

    728,951

    356,709

    239,308

    24,733

    -55,169

    2,414,485

    -30,713

    42,872

    277,427

    121,483

    -1.28%

    1.81%

    11.49%

    5.12%

    1,958,090
    1,935,691
    2,105,457
    -234,504
    -168,045
    -42,170
    -27,663
    -74,384
    -23,829
    3,049
    -4,769
    22,399
    421,924
    403,671
    18,252
    -24,075
    58,546
    3,143,436

    196,300
    196,885
    326,550
    -287,311
    -127,037
    -13,431
    -24,040
    -74,504
    -15,062
    -1,586
    -1,043
    -585
    51,769
    51,709
    60
    0
    -278,782
    325,996

    -474,160
    -474,103
    -462,218
    149,068
    -13,061
    -14,517
    21,429
    -5,132
    -14,841
    2,246
    -1,071
    -56
    -96,714
    -96,369
    -345
    0
    613,746
    282,180

    -115,762
    -112,003
    -98,578
    -195,980
    -6,798
    -10,501
    -1,956
    9,803
    -4,143
    -2,271
    -4,356
    -3,759
    -61,911
    -61,600
    -311
    -169
    455,270
    302,160

    164,602
    168,202
    178,007
    225,575
    -7,855
    -7,733
    -2,915
    3,519
    -726
    -5
    -1,945
    -3,601
    -57,261
    -56,939
    -322
    0
    14,142
    66,314

    12.86%

    9.86%

    9.61%

    2.32%

    Growth
    1

    Government Sector
    (i) Budgetary Borrowings 2/of which
    a) Federal Government
    of which deposits with SBP
    b) Provincial Government
    Balochistan Government
    Khyber Pakhtunkhwa Government
    Punjab Government
    Sindh Government

    c) AJK Government
    d) Gilgit-Baltistan Government

    (ii) Others
    Non-Government Sector
    (i) Claims on Scheduled Banks
    (ii) Claims on NBFIs
    3 Special Account-Debt Repayment
    4 Other Items (net)
    2

    Reserve Money (RM)


    Growth
    P: Provisional

    1/ The treatment of SDR allocation changed from Equity to SBP foreign liability w.e.f. 30-06-2009 and onwards.
    2/ Governments borrowing net of Federal, Provincial, Azad Kashmirs and Gilgit-Baltistans deposit with SBP.The (-) sign in govt. deposits shows a credit balance
    whereas (+) sign shows their debtor/withdrawal from the system

    Contact Person: Muhammmad Atif Hamza (Sr. Joint Director), Monetary Statistics Division, Phone: 021-32453668
    email: muhammad.atif@sbp.org.pk
    For Feedback: http://www.sbp.org.pk/stats/survey/index.asp

    You might also like