Decline in currency notes issued

Both notes in circulation and those issued declined in the week, according to the Statement of Affairs of the State Bank of Pakistan, for the week ended December 16. Notes in circulation stood at Rs1,777.130bn against earlier week’s figure of Rs1,781.328bn, a fall of Rs4.198bn. When compared to the corresponding week a year ago when it was Rs1,653.065bn, the current week’s figure is higher by Rs124.065bn. Total notes issued also decreased in the current week over preceding week’s level. At Rs1,777.319bn it was smaller by Rs4.205bn over the figure of Rs1,781.524bn recorded a week earlier. In the corresponding week last year it amounted to Rs1,653.189bn, which shows current week’s figure to be higher by Rs124.13bn over...

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