Table 25 : Net International Reserves

Bank of

Commercial

Others*

Net

Import

Mauritius

Banks Net

International

Coverage

Foreign

Foreign

Reserves

(No. of

Assets

Assets

weeks)#

(Rs Million)

Jul-98

14,131

4,774

231

19,136

20.0

Aug-98

14,038

4,638

232

18,909

19.7

Sep-98

14,121

5,245

230

19,596

20.5

Oct-98

12,780

4,801

236

17,817

18.6

Nov-98

12,658

5,042

240

17,940

18.7

Dec-98

13,867

5,778

250

19,895

20.8

Jan-99

15,188

6,004

252

21,444

22.4

Feb-99

15,368

5,816

493

21,677

22.6

*: Includes Foreign Assets of the Government and the country's Reserve Position in the IMF.

#: Based on the value of the import bill for the calendar year 1998.