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Weekly Statistical Supplement


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Date : May 08, 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. 30#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%

1

2

3

4

5

6

7

8

9

10

11

12

13

Reserve Money

4,36,429

4,34,926

6,430

1.5

16,810

4.6

–1,504

–0.3

40,149

11.6

49,055

12.7

Components (i+ii+iii)

(i)

Currency in circulation

3,27,023

3,41,112

364

0.1

12,659

4.5

14,089

4.3

30,676

11.6

45,980

15.6

(ii)

Bankers' deposits with RBI

1,04,365

90,141

6,173

7.4

4,436

5.3

–14,224

–13.6

8,728

11.0

2,359

2.7

(iii)

"Other" deposits with RBI

5,041

3,673

–107

–285

–1,369

746

715

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

(i)

Net RBI credit to Government

47,555

13,361

4,984

59.5

8,779

7.3

–34,194

–71.9

–31,611

–19.6

–1,16,097

–89.7

of which : to Centre

43,806

7,689

1,929

13,679

–36,117

–29,601

–1,18,975

(ii)

RBI credit to banks & comm. sector

7,481

5,437

–243

–4.3

–1,159

–11.4

–2,043

–27.3

–8,708

–49.0

–3,612

–39.9

o/w : to banks (includes NABARD)

5,419

3,415

–243

–1,105

–2,004

–5,770

–2,640

(iii)

Net foreign exchange assets of RBI

4,84,413

5,20,009

5,478

1.1

9,223

2.6

35,596

7.3

95,120

34.9

1,52,542

41.5

(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

1,11,172

3,789

69

862

15,375

–16,038

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



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