Table 11: Components and Sources of Reserve Money |
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(Rs million) |
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Jun-99 |
Sep-99 |
Dec-99 |
Mar-00 |
Jun-00 |
Sep-00 |
Dec-00 |
Jan-01 |
Feb-01 |
Mar-01 |
Apr-01 |
May-01 |
Jun-01 |
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Components of Reserve
Money |
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1. Currency with Public |
4,876 |
4,322 |
6,127 |
5,132 |
5,172 |
5,407 |
6,648 |
5,828 |
5,639 |
5,671 |
5,676 |
5,626 |
5,735 |
2. Currency with Banks |
2,000 |
2,349 |
3,010 |
1,631 |
1,557 |
1,729 |
2,506 |
2,142 |
1,955 |
1,823 |
1,871 |
1,955 |
1,727 |
3. Demand Deposits with
Bank of Mauritius |
3,469 |
3,156 |
1,388 |
3,437 |
3,040 |
3,195 |
2,613 |
3,548 |
3,110 |
3,250 |
3,396 |
3,139 |
3,881 |
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Reserve Money (1+2+3) |
10,345 |
9,827 |
10,525 |
10,200 |
9,769 |
10,332 |
11,767 |
11,518 |
10,704 |
10,744 |
10,943 |
10,720 |
11,343 |
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Sources of Reserve Money |
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1. Net Foreign Assets of
BoM |
15,315 |
15,696 |
18,425 |
18,214 |
17,455 |
16,895 |
24,840 |
21,658 |
21,259 |
21,447 |
21,679 |
21,377 |
22,562 |
2. Net BoM Credit to
Government |
4,576 |
4,384 |
2,281 |
2,298 |
3,005 |
4,381 |
-1,133 |
1,759 |
1,965 |
1,526 |
1,352 |
1,749 |
2,376 |
3. BoM Credit to
Commercial Banks |
250 |
250 |
250 |
296 |
623 |
304 |
250 |
250 |
250 |
250 |
450 |
253 |
253 |
4. BoM Credit to Non-Bank
Financial Institutions |
575 |
541 |
506 |
475 |
435 |
396 |
356 |
342 |
329 |
316 |
304 |
292 |
281 |
5. Net Non-Monetary
Liabilities |
10,371 |
11,045 |
10,938 |
11,082 |
11,750 |
11,644 |
12,546 |
12,491 |
13,100 |
12,795 |
12,842 |
12,950 |
14,129 |
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Reserve Money (1+2+3+4-5) |
10,345 |
9,827 |
10,525 |
10,200 |
9,769 |
10,332 |
11,767 |
11,518 |
10,704 |
10,744 |
10,943 |
10,720 |
11,343 |
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Broad Money Multiplier @ |
7.8 |
8.5 |
8.3 |
8.6 |
9.1 |
8.9 |
8.1 |
8.2 |
9.0 |
9.0 |
8.8 |
9.0 |
8.6 |
Note:
Figures may not add up to totals due to rounding. |
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@ Defined as the ratio of Broad Money to
Reserve Money |
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