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Weekly Statistical Supplement


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Date : Oct 16, 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

Oct. 8#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%

1

2

3

4

5

6

7

8

9

10

11

12

13

Reserve Money

4,36,512

4,37,480

9,415

2.2

18,565

5.0

968

0.2

49,522

14.6

49,854

12.9

Components (i+ii+iii)

(i)

Currency in circulation

3,27,028

3,38,318

5,522

1.7

17,873

6.3

11,290

3.5

35,428

13.4

37,972

12.6

(ii)

Bankers' deposits with RBI

1,04,365

92,591

4,238

4.8

57

0.1

–11,774

–11.3

13,501

19.3

9,188

11.0

(iii)

"Other" deposits with RBI

5,119

6,571

–346

–5.0

635

19.6

1,452

28.4

593

18.1

2,694

69.5

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

(i)

Net RBI credit to Government

44,907

18,902

10,207

117.4

–38,850

–32.2

–26,006

–57.9

–43,040

–34.5

–62,928

–76.9

of which : to Centre

36,920

15,312

7,444

94.6

–36,969

–32.7

–21,608

–58.5

–42,979

–36.1

–60,704

–79.9

(ii)

RBI credit to banks & comm. sector

7,481

3,832

–448

–10.5

–4,719

–46.2

–3,648

–48.8

–4,227

–43.5

–1,657

–30.2

o/w : to banks (includes NABARD)

5,419

1,943

–448

–18.7

–4,674

–65.3

–3,476

–64.1

–4,276

–63.2

–543

–21.9

(iii)

Net foreign exchange assets of RBI

4,84,413

5,40,918

–928

–0.2

51,924

14.5

56,505

11.7

1,01,237

32.8

1,30,750

31.9

(iv)

Govt.'s currency liabilities to the public

7,296

7,339

157

2.2

44

0.6

438

6.5

111

1.5

(v)

Net non-monetary liabilities of RBI

1,07,585

1,33,511

–583

–0.4

–10,052

–7.9

25,926

24.1

4,886

4.4

16,422

14.0



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