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Weekly Statistical Supplement


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Date : May 01, 2004
8. Reserve Money : Components and Sources

(Rs. crore)

Outstanding as on

Variation over

Financial year so far

Year-on-year

2004

Week

2003-2004

2004-2005

2003

2004

Item

Mar. 31#

Apr. 23#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%

1

2

3

4

5

6

7

8

9

10

11

12

13

Reserve Money

4,36,429

4,28,495

12,811

3.1

593

0.2

–7,934

–1.8

32,806

9.7

58,842

15.9

Components (i+ii+iii)

(i)

Currency in circulation

3,27,023

3,40,748

1,152

0.3

11,222

4.0

13,725

4.2

32,914

12.6

47,053

16.0

(ii)

Bankers' deposits with RBI

1,04,365

83,968

11,628

16.1

–10,089

–12.1

–20,397

–19.5

–286

–0.4

10,712

14.6

(iii)

"Other" deposits with RBI

5,041

3,779

31

–540

–1,262

178

1,077

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

(i)

Net RBI credit to Government

47,555

8,377

10,023

–6,766

–5.6

–39,178

–82.4

–41,649

–26.8

–1,05,537

–92.6

of which : to Centre

43,806

5,760

11,788

–4,977

–38,046

–41,764

–1,02,248

(ii)

RBI credit to banks & comm. sector

7,481

5,680

–569

–9.1

–983

–9.6

–1,800

–24.1

–4,932

–34.8

–3,545

–38.4

o/w : to banks (includes NABARD)

5,419

3,658

–566

–883

–1,761

–3,457

–3,457

(iii)

Net foreign exchange assets of RBI

4,84,413

5,14,531

4,312

0.8

6,414

1.8

30,118

6.2

93,800

34.6

1,49,873

41.1

(iv)

Govt.'s currency liabilities to the public

7,291

7,291

36

723

184

(v)

Net non-monetary liabilities of RBI

1,10,310

1,07,383

956

–1,892

–2,927

15,136

–17,866

Note : Government Balances as on March 31, 2004 are before closure of accounts.



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