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-99 |
Sep-99 |
Dec-99 |
Mar-00 |
Apr-00 |
May-00 |
Jun-00 |
Jul-00 |
Aug-00 |
Sep-00 |
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Components of Reserve
Money |
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1. Currency with Public |
4,876 |
4,322 |
6,127 |
5,132 |
5,139 |
5,050 |
5,172 |
5,267 |
5,255 |
5,407 |
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2. Currency with Banks |
2,000 |
2,349 |
3,010 |
1,631 |
1,559 |
1,728 |
1,557 |
1,619 |
1,851 |
1,729 |
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3. Demand Deposits with
Bank of Mauritius |
3,469 |
3,156 |
1,388 |
3,437 |
3,236 |
3,000 |
3,037 |
3,334 |
2,901 |
3,188 |
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Reserve Money (1+2+3) |
10,345 |
9,827 |
10,525 |
10,200 |
9,934 |
9,778 |
9,766 |
10,220 |
10,007 |
10,324 |
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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 |
17,728 |
17,222 |
17,455 |
17,067 |
16,925 |
16,895 |
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2. Net BoM Credit to
Government |
4,576 |
4,384 |
2,281 |
2,298 |
2,495 |
2,699 |
3,002 |
3,615 |
4,023 |
4,373 |
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3. BoM Credit to
Commercial Banks |
250 |
250 |
250 |
296 |
345 |
628 |
623 |
669 |
264 |
304 |
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4. BoM Credit to Non-Bank
Financial Institutions |
575 |
541 |
506 |
475 |
463 |
448 |
435 |
422 |
408 |
396 |
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5. Net Non-Monetary
Liabilities |
10,371 |
11,045 |
10,938 |
11,083 |
11,097 |
11,219 |
11,749 |
11,553 |
11,613 |
11,644 |
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Reserve Money (1+2+3+4-5) |
10,345 |
9,827 |
10,525 |
10,200 |
9,934 |
9,778 |
9,766 |
10,220 |
10,007 |
10,324 |
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Broad Money Multiplier @ |
7.8 |
8.5 |
8.3 |
8.6 |
8.8 |
9.0 |
9.1 |
8.8 |
9.0 |
8.9 |
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Note: Figures may not add
up to totals due to rounding |
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