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Weekly Statistical Supplement


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Date : Jul 05, 2003
8. Reserve Money : Components and Sources

(Rs. crore)


  

Outstanding as on

Variation over


  

2003

Week

Financial year so far

Year-on-year

      

2002-2003

2003-2004

2002

2003

Item

Mar. 31#

Jun. 27#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%


1

 

2

3

4

5

6

7

8

9

10

11

12

13


Reserve Money

3,68,931

3,86,045

7,505

2.0

–8,850

–2.6

17,114

4.6

15,348

4.9

56,925

17.3

Components (i+ii+iii)

            
              

(i)

Currency in circulation

2,82,312

3,00,110

–3,371

–1.1

14,633

5.8

17,799

6.3

33,667

14.5

34,503

13.0

(ii)

Bankers' deposits with RBI

83,346

81,740

10,667

15.0

–23,873

–28.4

–1,606

–1.9

–17,814

–22.8

21,466

35.6

              

(iii)

"Other" deposits with RBI

3,273

4,195

209

 

389

 

921

 

–506

 

956

 
              

Sources (i+ii+iii+iv-v)

            
              

(i)

Net RBI credit to Government

1,20,102

1,16,229

6,257

5.7

–4,212

–2.8

–3,873

–3.2

–21,653

–12.8

–31,737

–21.4

 

of which : to Centre

1,16,015

1,13,419

5,620

 

1,455

 

–2,596

 

–23,218

 

–29,420

 

(ii)

RBI credit to banks & comm. sector

10,208

8,644

166

2.0

–6,537

–39.2

–1,564

–15.3

–10,761

–51.5

–1,496

–14.7

 

o/w : to banks (includes NABARD)

7,160

5,669

175

 

–3,527

 

–1,491

 

–3,505

 

–1,552

 

(iii)

Net foreign exchange assets of RBI

3,58,244

3,80,954

–1,390

–0.4

19,279

7.3

22,710

6.3

78,886

38.6

97,706

34.5

(iv)

Govt.'s currency liabilities to the public

6,910

6,910

 

168

 

 

969

 

375

 

(v)

Net non-monetary liabilities of RBI

1,26,533

1,26,691

–2,472

 

17,548

 

159

 

32,093

 

7,924

 

Government Balances as on March 31, 2003 are before closure of accounts.


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