| Table
11: Components and Sources of Reserve Money |
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(End of Period) |
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(Rs million) |
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Jun-98 |
Sep-98 |
Dec-98 |
Mar-99 |
Jun-99 |
Sep-99 |
Oct-99 |
Nov-99 |
Dec-99 |
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| Components of Reserve
Money |
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| 1. Currency with Public |
4,651 |
4,812 |
5,833 |
5,000 |
4,876 |
4,322 |
4,599 |
4,727 |
6,127 |
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| 2. Currency with Banks |
1,384 |
1,456 |
2,226 |
1,752 |
2,000 |
2,349 |
2,111 |
2,582 |
3,010 |
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| 3. Demand Deposits with
Bank of Mauritius |
2,547 |
2,436 |
1,702 |
2,790 |
3,469 |
3,156 |
2,166 |
2,137 |
1,388 |
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| Reserve Money (1+2+3) |
8,582 |
8,704 |
9,761 |
9,542 |
10,345 |
9,827 |
8,876 |
9,445 |
10,525 |
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| Sources of Reserve Money |
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| 1. Net Foreign Assets of
BoM |
14,869 |
14,121 |
13,867 |
16,038 |
15,315 |
15,696 |
16,274 |
17,751 |
18,425 |
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| 2. Net BoM Credit to
Government |
2,319 |
3,118 |
4,697 |
3,521 |
4,443 |
4,250 |
2,869 |
1,922 |
2,187 |
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| 3. BoM Credit to Non-Bank
Financial Institutions |
476 |
530 |
570 |
556 |
575 |
541 |
534 |
519 |
506 |
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| 4. Net Non-Monetary
Liabilities |
9,082 |
9,065 |
9,373 |
10,573 |
9,988 |
10,660 |
10,801 |
10,747 |
10,593 |
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| Reserve Money (1+2+3-4) |
8,582 |
8,704 |
9,761 |
9,542 |
10,345 |
9,827 |
8,876 |
9,445 |
10,525 |
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| Broad
Money Multiplier @ |
8.3 |
8.3 |
7.7 |
8.1 |
7.8 |
8.5 |
9.3 |
8.9 |
8.3 |
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| @ Defined as the ratio of Broad Money to
Reserve Money. |
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Figures may not
agree with Table 12. |
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