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Weekly Statistical Supplement


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Date : May 29, 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#

May 21#

Amount %

Amount

%

Amount

%

Amount

%

Amount

%

1

2

3

4

5

6

7

8

9

10

11

12

13

Reserve Money

4,36,429

4,34,667

2,113

0.5

8,359

2.3

–1,762

–0.4

26,581

7.6

57,247

15.2

Components (i+ii+iii)

(i)

Currency in circulation

3,27,023

3,45,542

–2,085

–0.6

20,941

7.4

18,519

5.7

34,356

12.8

42,128

13.9

(ii)

Bankers' deposits with RBI

1,04,365

85,598

4,219

5.2

–11,822

–14.2

–18,767

–18.0

–8,008

–10.1

14,074

19.7

(iii)

"Other" deposits with RBI

5,041

3,528

–21

–761

–1,513

232

1,046

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

(i)

Net RBI credit to Government

44,907

14,314

5,393

60.5

–8,111

–6.7

–30,593

–68.1

–57,131

–33.7

–98,254

–87.3

of which : to Centre

36,920

10,320

5,363

–4,407

–26,600

–57,116

–98,257

(ii)

RBI credit to banks & comm. sector

7,481

4,486

178

4.1

–1,348

–13.2

–2,994

–40.0

–4,796

–35.1

–4,375

–49.4

o/w : to banks (includes NABARD)

5,419

2,466

178

–1,338

–2,954

–3,798

–3,357

(iii)

Net foreign exchange assets of RBI

4,84,413

5,31,221

–1,582

–0.3

21,225

5.9

46,808

9.7

1,05,992

38.8

1,51,753

40.0

(iv)

Govt.'s currency liabilities to the public

7,291

7,291

36

723

184

(v)

Net non-monetary liabilities of RBI

1,07,663

1,22,645

1,876

3,443

14,983

18,207

–7,939

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



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