Table 12 : Components and Sources of Broad Money (M2)

                   
Table 12 : Components and Sources of Broad Money (M2)                  
                   
  (End of Period)       (Rs Million)      
  Jun-98 Sep-98 Dec-98 Jan-99 Feb-99 Mar-99 Apr-99 May-99  
                   
Components of Broad Money                  
                   
1. Currency with Public 4,651 4,812 5,833 5,147 5,027 5,000 5,001 5,014  
2. Demand Deposits with the Banking System 5,501 5,966 5,759 5,596 5,521 5,530 5,786 5,720  
I. Narrow Money, M1 (1+2) 10,152 10,778 11,592 10,743 10,548 10,530 10,787 10,734  
                   
1. Savings Deposits 28,244 29,400 30,477 31,150 31,852 31,648 31,597 31,413  
2. Time Deposits 26,234 26,284 27,406 27,654 28,859 29,224 29,582 29,843  
3. Foreign Currency Deposits 6,248 5,613 5,954 6,271 5,879 6,366 6,520 7,000  
II. Quasi-Money (1+2+3) 60,726 61,297 63,837 65,075 66,590 67,238 67,700 68,256  
                   
Broad Money, M2 (I+II) 70,878 72,075 75,429 75,818 77,138 77,767 78,486 78,990  
                   
Sources of Broad Money                  
                   
1. Bank of Mauritius 14,869 14,121 13,867 15,188 15,368 16,038 15,366 15,082  
2. Commercial Banks 6,249 5,245 5,778 6,004 5,816 6,039 6,177 6,332  
I. Net Foreign Assets (1+2) 21,118 19,366 19,645 21,192 21,184 22,077 21,543 21,414  
                   
1. Bank of Mauritius 2,453 3,252 4,831 4,057 3,979 3,655 4,233 4,069  
2. Commercial Banks 14,905 14,361 13,152 12,642 12,537 12,869 12,582 12,866  
A. Net Credit to the Central Government (1+2) 17,358 17,613 17,983 16,699 16,516 16,524 16,815 16,935  
                   
1. Bank of Mauritius 476 530 570 559 554 556 587 560  
2. Commercial Banks' Claims on Private Sector* 49,941 52,723 56,653 56,948 57,300 57,832 57,878 59,250  
3. Commercial Banks' Claims on Other Bank-like Institutions 152 152 152 154 154 33 33 33  
B. Credit to the Private Sector (1+2+3) 50,569 53,404 57,374 57,661 58,008 58,421 58,498 59,843 `
                   
II. Domestic Credit (A+B) 67,927 71,017 75,358 74,361 74,524 74,945 75,313 76,778  
                   
III. Net Non-Monetary Liabilities* 18,167 18,308 19,574 19,735 18,570 19,255 18,370 19,202  
                   
Broad Money, M2 (I+II-III) 70,878 72,075 75,429 75,818 77,138 77,767 78,486 78,990  
                   
Note: Figures may not add up to total due to rounding.                  
                   

Last Updated on 7/14/99
By bom