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Weekly Statistical Supplement


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Date : Oct 31, 1998
8. Reserve Money : Components and Sources
                      (Rs. crore)

      Outstanding Variation over
      as on
 
 
 
 
 
 
 
 
    Item         Financial year so far
   
      1998
Week
1997-98
1998-99
Year
      Mar. 31# Oct. 16# Amount % Amount % Amount % Amount %

    1 2 3 4 5 6 7 8 9 10 11

Reserve Money 2,26,233 2,41,191 6,614 2.8 5,254 2.6 14,957 6.6 35,951 17.5
                         
Components (i+ii+iii)                    
  (i) Currency in circulation 1,50,823 1,63,506 1,557 1.0 8,543 6.2 12,682 8.4 17,746 12.2
    of which : cash with                    
    banks 5,641 ..              
  (ii) Bankers' deposits with                    
    RBI 71,806 74,157 5,053 7.3 -3,642 -6.1 2,351 3.3 18,224 32.6
  (iii) "Other" deposits with                    
    RBI 3,604 3,528 4   353   -76   -19  
Sources (i+ii+iii+iv-v)                    
                         
  (i) Net RBI credit to                    
    Government 1,35,160 1,50,287 4,117 2.8 -9,596 -7.7 15,127 11.2 35,702 31.2
    of which : to Centre 1,33,617 1,49,264 5,459   -7,133   15,648   35,695  
  (ii) RBI credit to banks &                    
    comm. sector 15,282 19,724 2,196 12.5 -70 -0.5 4,442 29.1 6,542 49.6
    o/w : to banks (includes                    
    NABARD) 7,096 11,497 2,186   -1,483   4,400   5,975  
  (iii) Net foreign exchange                    
    assets of RBI 1,15,890 1,25,170 313 0.3 13,170 13.9 9,279 8.0 17,183 15.9
  (iv) Govt.'s currency                    
    liabilities to the public 3,120 3,522 -   215   402   389  
  (v) Net non-monetary                    
    liabilities of RBI 43,219 57,512 11   -1,535   14,293   23,864  


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