Notes in circulation stood at Rs880,468.534 million against earlier week’s figure of Rs892,512.965 million, a fall of Rs12,044.431 million. When compared to the corresponding week a year ago when it was Rs795,237.077 million, the current week’s figure is higher by Rs85,231.457 million.
Total notes issued also fell in the current week over preceding week’s level. At Rs880,625.839 million it was lower by Rs12,093.211 million over the figure of Rs892,719.050 million recorded a week earlier. In the corresponding week last year it amounted to Rs795,420.893 million, which shows current week’s figure to be higher by Rs85,204.946 million over last year’s corresponding figure.
Approved foreign exchange increased in the week to Rs544,173.108 million or by Rs1,004.749 million over preceding week’s figure of Rs543,168.359 million. When compared to the corresponding week a year ago, when the figure was Rs436,455.138 million, the current week’s figure is higher by Rs107,717.97 million.
Balances held outside Pakistan in approved foreign exchange declined further in the week under review. It stood at Rs129,307.838 million over preceding week’s figure of Rs131,430.285 million, a fall of Rs2,122.447 million. Compared to last year’s corresponding figure of Rs140,336.048 million, the current week’s figure is smaller by Rs11,028.21 million.
Loans and advances of scheduled banks to the three sectors – agricultural, industrial and export showed a mixed trend in the week under review. The agricultural sector received Rs59,183.528 million, similar to preceding week’s figure. The current week’s figure is smaller by Rs1,524.616 million over last year’s corresponding figure of Rs60,708.144 million.
There was an inflow of Rs41,618.853 million to the industrial sector during the week under review, a rise of Rs232.625 million against preceding week’s figure of Rs41,386.228 million. When compared to last year’s corresponding figure of Rs3,696.680 million, the current week’s figure is higher by Rs37,922.173 million.
The export sector received Rs133,621.203 million against previous week’s figure of Rs133,542.915 million, a rise of Rs78.288 million. Current week’s figure was larger by Rs27,731.127 million over last year’s corresponding figure of Rs105,890.076 million.
According to the weekly statement of position of all scheduled banks for the week ended January 27, 2007, deposits and other accounts of the scheduled banks stood at Rs2,975.457 billion, higher by Rs22.806 billion over preceding week’s figure of Rs2,952.651 billon. Commercial banks deposits showed a rise of Rs22.913 billion over the week to Rs2,963.551 billion, against preceding week’s Rs2,940.638 billion, while of specialized banks it fell by Rs0.108 billion to Rs11.905 billion, over previous week’s Rs12.013 billion.
Borrowings by all scheduled banks declined during the week over preceding week’s figure. It fell to Rs382.635 billion over preceding week’s figure of Rs386.744 billion, a fall of Rs4.109 billion. This was primarily due to a decrease in the borrowings by commercial banks, which fell to Rs297.549 billion against previous week’s Rs301.658 billion, or by Rs4.109 billion, while borrowings by specialised banks stood at Rs85.086 billion, similar to preceding week’s figure.
Gross advances stood at Rs2,371.734 billion in the week under review, a rise of Rs5.232 billion over preceding week’s figure of Rs2,366.502 billion. Advances by commercial banks increased to Rs2,275.934 billion against earlier week’s figure of Rs2,270.735 billion, larger by Rs5.199 billion, while of specialized banks it stood at Rs95.800 billion against preceding week’s Rs95.767 billion, showing a increase of Rs0.033 billion.
Investments of all scheduled banks increased in the week by Rs3.199 billion to Rs794.483 billion against preceding week’s figure of Rs791.284 billion. Commercial banks investment rose to Rs780.396 billion, from earlier week’s Rs777.317 billion, higher by Rs3.079 billion, while of specialized banks it stood at Rs14.087 billion against previous week’s Rs13.967 billion, higher by Rs0.12 billion.
Cash and balances with treasury banks of all scheduled banks decreased by Rs7.263 billion during the week to stand at Rs319.628 billion against earlier week’s Rs326.891 billion. The figure for commercial banks also declined to Rs317.362 billion against preceding week’s figure of Rs324.689 billion, a fall of Rs7.327 billion. For specialized banks there was a rise of Rs0.063 billion to Rs2.265 billion, against earlier week’s figure of Rs2.202 billion.
Total assets of scheduled banks stood at Rs4,002.859 billion, higher by Rs29.769 billion, over preceding week’s figure of Rs3,973.090 billion. Meanwhile, commercial banks assets stood at Rs3,888.425 billion, larger by Rs29.929 billion over previous week’s figure of Rs3,858.496 billion. Specialized banks assets fell by Rs0.159 billion to Rs114.435 billion against previous week’s Rs114.594 billion.