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TABLE 5.4
INCOME VELOCITY OF MONEY
(Rs in million)

Money Supply(M1) (Rs million)

Monetary Assets (M2) (Rs million)

Income Velocity of Monetary Assets (M2)

End June Stock
1990-91

265,141

400,644

2.7

1991-92

302,908

505,569

2.7

1992-93

327,822

595,390

2.3

1993-94

358,768

703,399

2.4

1994-95

423,139

824,733

2.4

1995-96

448,009

938,680

2.5

1996-97

443,551

1,053,234

2.4

1997-98

480,331

1,206,320

2.4

1998-99

643,043

1,280,546

2.4

(Jul-Mar)
1998-99

617,895

1,248,394

1999-2000

730,408

1,321,033

Source: State Bank of Pakistan


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