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Weekly Statistical Supplement


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Date : Jul 19, 2003
8. Reserve Money : Components and Sources

(Rs. crore)


  

Outstanding as on

Variation over


      

Financial year so far

Year-on-year


  

2003

Week

2002-2003

2003-2004

2002

2003

Item

Mar. 31#

Jul. 11#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%


1

 

2

3

4

5

6

7

8

9

10

11

12

13


Reserve Money

3,69,061

3,76,226

1,929

0.5

12,754

3.8

7,164

1.9

41,867

13.6

25,501

7.3

Components (i+ii+iii)

            
              

(i)

Currency in circulation

2,82,473

3,02,569

344

0.1

16,927

6.7

20,096

7.1

33,472

14.3

34,668

12.9

(ii)

Bankers' deposits with RBI

83,346

69,081

1,552

2.3

–5,340

–6.3

–14,265

–17.1

8,276

11.7

–9,726

–12.3

(iii)

"Other" deposits with RBI

3,242

4,576

32

 

1,167

 

1,334

 

119

 

559

 

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

            

(i)

Net RBI credit to Government

1,20,679

98,421

–3,614

–3.5

17,234

11.3

–22,258

–18.4

2,707

1.6

–70,991

–41.9

 

of which : to Centre

1,12,985

94,314

–4,869

 

21,825

 

–18,670

 

941

 

–68,894

 

(ii)

RBI credit to banks & comm. sector

10,208

8,011

284

3.7

–7,017

–42.1

–2,197

–21.5

–12,112

–55.6

–1,649

–17.1

 

o/w : to banks (includes NABARD)

7,160

5,048

207

 

–4,017

 

–2,112

 

–5,019

 

–1,683

 

(iii)

Net foreign exchange assets of RBI

3,58,244

3,84,244

727

0.2

22,712

8.6

26,001

7.3

81,327

39.6

97,563

34.0

(iv)

Govt.'s currency liabilities to the public

7,071

7,073

 

168

 

1

 

969

 

538

 

(v)

Net non-monetary liabilities of RBI

1,27,141

1,21,524

–4,532

 

20,344

 

–5,618

 

31,024

 

–39

 

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

 


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