- Examine whether Pakistan stock market performance is influenced by money supply
, inflation, interest and exchange rate in Pakistan.
Previous studies have investigated the relationship between inflation and level of money supply
. In Ethiopia, Wolde-Rufael (2008) uses the cointegration of Granger causality test method as modified by Toda and Yamamoto.
The first group consists of countries in which the hypothesis of an endogenous character of the money supply
and inflation, and their mutual relationships are the most prominent indicators of strength, potential and the prosperity of a country.
Keywords: Money Demand; Money Supply
; 2SLS; 3SLS; Pakistan
"The narrower definition of the money supply
(M1) in the GCC increased rapidly (16.8 per cent) during the first quarter of 2013, while medium term deposits (quasi-money) went up more moderately (7.7 per cent).
This study investigates the impact of money supply
and trading volume of stock exchange 100 indexes.
26, 2012 (CENS) -- With inward remittance of foreign funds boosting the amount of demand deposits at banks, the annual growth rate of M1B, money supply
in narrower definition, advanced to 3.65% in November, while M2, money supply
in broader definition, slipped to 3.26%, due to switch of funds to non-deposit products, such as insurance and mutual funds, reported the Central Bank of China (CBC) yesterday (Dec.
That is, to increase the level of base money in the hopes of increasing the rate of broad money supply
growth and inflation.
Higher energy prices and increased hydrocarbons production have driven growth in credit, resulting in an expansion of the money supply
. The main driver of money supply
growth is credit expansion.
Summary: The Egyptian central bank has said the country's M2 money supply
rose by 6.7% in the year to the end of December, Reuters has reported.
Raising interest rates now, when broad money supply
growth is so weak, would be unprecedented, says the IoD in its latest economic report.
"This performance contrasts with received wisdom that 7-8% growth in the money supply
is consistent with trend GDP growth of 2.5% and hitting the inflation target of 2%," he said.
Saudi Arabia's M3 money supply
growth accelerated to a 14-month high of 8.6 percent year-on-year at the end of February, from an 8.1 percent rise in the preceding month, data from Saudi Arabian Monetary Agency(SAMA) has shown.
The UAE Central Bank announced that money supply
M0 (currency in circulation + currency at banks) increased by 2.3%, from AED 46.9 billion (US$12.77 billion) at the end of January 2011 to AED 48.0 billion (US$13.07 billion) at the end of February of the same year.