Notes in circulation stood at Rs890,260.950 million against earlier week’s figure of Rs900,537.351 million, a fall of Rs10,276.401 million. When compared to the corresponding week a year ago when it was Rs792,678.795 million, the current week’s figure is higher by Rs97,582.155 million.
Total notes issued also decreased in the current week over preceding week’s level. At Rs890,364.406 million it was smaller by Rs10,302.91 million over the figure of Rs900,667.316 million recorded a week earlier. In the corresponding week last year it amounted to Rs792,854.131 million, which shows current week’s figure to be higher by Rs97,510.275 million over last year’s corresponding figure.
Approved foreign exchange increased in the week to Rs593,389.025 million or by Rs2,618.588 million over preceding week’s figure of Rs590,770.437 million. When compared to the corresponding week a year ago, when the figure was Rs533,861.446 million, the current week’s figure is higher by Rs59,527.579 million.
Balances held outside Pakistan in approved foreign exchange declined in the week under review. It stood at Rs131,523.808 million over preceding week’s figure of Rs133,376.231 million, a fall of Rs1,852.423 million. Compared to last year’s corresponding figure of Rs127,862.806 million, the current week’s figure is smaller by Rs3,661.002 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 Rs60,183.529 million, similar to preceding week’s figure. The current week’s figure is smaller by Rs1,467.394 million over last year’s corresponding figure of Rs61,650.923 million.
There was an inflow of Rs41,702.865 million to the industrial sector during the week under review, a rise of Rs0.934 million against preceding week’s figure of Rs41,701.931 million. When compared to last year’s corresponding figure of Rs5,870.273 million, the current week’s figure is higher by Rs35,832.592 million.
The export sector received Rs137,844.206 million against previous week’s figure of Rs136,477.863 million, a rise of Rs1,366.343 million. Current week’s figure was larger by Rs29,452.328 million over last year’s corresponding figure of Rs108,391.878 million.
According to the weekly statement of position of all scheduled banks for the week ended April 21, 2007, deposits and other accounts of the scheduled banks stood at Rs3,159.489 billion, higher by Rs11.954 billion over preceding week’s figure of Rs3,147.535 billion. Commercial banks deposits showed a rise of Rs11.98 billion over the week to Rs3,148.361 billion, against preceding week’s Rs3,136.381 billion, while of specialized banks it fell by Rs0.026 billion to Rs11.128 billion, over previous week’s Rs11.154 billion.
Borrowings by all scheduled banks increased during the week over preceding week’s figure. It rose to Rs408.218 billion over preceding week’s figure of Rs390.711 billion, a rise of Rs17.507 billion. This was primarily due to an increase in the borrowings by commercial banks, which rose to Rs325.025 billion against previous week’s Rs307.567 billion, or by Rs17.458 billion, while borrowings by specialised banks stood at Rs83.193 billion, against preceding week’s figure of Rs83.143 billion, showing a rise of Rs0.05 billion.
Gross advances stood at Rs2,376.269 billion in the week under review, an increase of Rs3.636 billion over preceding week’s figure of Rs2,372.633 billion. Advances by commercial banks rose to Rs2,282.064 billion against earlier week’s figure of Rs2,278.692 billion, or by Rs3.372 billion, while of specialized banks it stood at Rs94.206 billion against preceding week’s Rs93.941 billion, showing a fall of Rs0.265 billion.
Investments of all scheduled banks increased in the week by Rs1.798 billion to Rs975.319 billion against preceding week’s figure of Rs973.521 billion. Commercial banks investment rose to Rs964.716 billion, from earlier week’s Rs963.009 billion, higher by Rs1.707 billion, while of specialized banks it stood at Rs10.602 billion against previous week’s Rs10.512 billion, higher by Rs0.09 billion.
Cash and balances with treasury banks of all scheduled banks increased by Rs3.271 billion during the week to stand at Rs326.883 billion against earlier week’s Rs323.612 billion. The figure for commercial banks stood at Rs324.725 billion against preceding week’s figure of Rs321.360 billion, a rise of Rs3.365 billion. For specialized banks there was a decline of Rs0.094 billion to Rs2.158 billion, against earlier week’s figure of Rs2.252 billion.
Total assets of scheduled banks stood at Rs4,251.787 billion, higher by Rs35.447 billion, over preceding week’s figure of Rs4,216.340 billion. Meanwhile, commercial banks assets stood at Rs4,139.695 billion, higher by Rs35.265 billion over previous week’s figure of Rs4,104.430 billion. Specialized banks assets rose by Rs0.238 billion to Rs112.092 billion against previous week’s Rs111.854 billion.