Table 11: Components and Sources of Reserve Money |
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(End of Period) |
(Rs million) |
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Jun-99 |
Sep-99 |
Dec-99 |
Mar-00 |
Jun-00 |
Sep-00 |
Oct-00 |
Nov-00 |
Dec-00 |
Jan-01 |
Feb-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 |
5,407 |
5,379 |
6,648 |
5,828 |
5,639 |
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2. Currency with Banks |
2,000 |
2,349 |
3,010 |
1,631 |
1,557 |
1,729 |
1,811 |
2,059 |
2,506 |
2,142 |
1,955 |
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3. Demand Deposits with
Bank of Mauritius |
3,469 |
3,156 |
1,388 |
3,437 |
3,037 |
3,188 |
2,851 |
3,179 |
2,611 |
3,440 |
3,090 |
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Reserve Money (1+2+3) |
10,345 |
9,827 |
10,525 |
10,200 |
9,766 |
10,324 |
10,069 |
10,617 |
11,765 |
11,410 |
10,684 |
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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 |
16,986 |
24,395 |
24,840 |
21,658 |
21,259 |
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2. Net BoM Credit to
Government |
4,576 |
4,384 |
2,281 |
2,298 |
3,002 |
4,373 |
4,103 |
(1,865) |
(1,135) |
1,652 |
1,945 |
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3. BoM Credit to
Commercial Banks |
250 |
250 |
250 |
296 |
623 |
304 |
250 |
304 |
250 |
250 |
250 |
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4. BoM Credit to Non-Bank
Financial Institutions |
575 |
541 |
506 |
475 |
435 |
396 |
382 |
368 |
356 |
342 |
329 |
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5. Net Non-Monetary
Liabilities |
10,371 |
11,045 |
10,938 |
11,083 |
11,749 |
11,644 |
11,652 |
12,585 |
12,546 |
12,492 |
13,100 |
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Reserve Money (1+2+3+4-5) |
10,345 |
9,827 |
10,525 |
10,200 |
9,766 |
10,324 |
10,069 |
10,617 |
11,765 |
11,410 |
10,684 |
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Broad Money Multiplier @ |
7.8 |
8.5 |
8.3 |
8.6 |
9.1 |
8.9 |
9.1 |
8.8 |
8.1 |
8.3 |
9.0 |
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Note: Figures may not add
up to totals due to rounding |
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