| Table 14.3 : MONETARY SURVEY, 2007 - 2008 | ||||||||||||||||||||||||
| (In millions of Rufiyaa; end of period) | ||||||||||||||||||||||||
| 2007 | 2008 | |||||||||||||||||||||||
| Particulars | Mar | Jun | Sep | Dec | Mar | Jun | Sep | Dec | Mar | Jun | Sep | Dec | Mar | Jun | Sep | Dec | Mar | Jun | Sep | Dec | ||||
| Net foreign assets | 3,077.5 | 3,282.6 | 2,868.5 | 3,357.1 | 2,807.8 | 2,776.4 | 1,904.0 | 1,787.7 | 1,962.2 | 2,467.7 | 1,770.5 | 1,031.6 | 1,112.7 | 406.4 | -757.3 | -458.3 | -547.1 | -1,174.2 | -2,710.9 | -2,570.8 | ||||
| Domestic assets (net) | 1,907.6 | 2,041.4 | 2,423.3 | 2,626.6 | 3,094.0 | 3,549.2 | 4,362.5 | 4,897.2 | 5,189.4 | 5,233.3 | 5,760.7 | 7,031.7 | 7,890.5 | 9,244.8 | 9,938.0 | 10,430.4 | 11,633.2 | 12,439.0 | 14,932.2 | 14,897.0 | ||||
| Domestic credit | 3,438.7 | 3,524.4 | 3,887.3 | 4,239.6 | 4,679.9 | 5,269.3 | 6,179.5 | 6,904.9 | 7,128.5 | 7,374.7 | 7,974.2 | 9,509.1 | 10,468.8 | 11,891.1 | 12,662.0 | 13,820.2 | 15,165.4 | 16,827.5 | 19,314.5 | 19,812.4 | ||||
| Claims on government (net) | 849.7 | 630.1 | 483.1 | 456.3 | 626.0 | 734.3 | 889.0 | 953.0 | 962.4 | 1,125.4 | 589.3 | 745.0 | 1,010.6 | 1,278.3 | 1,037.9 | 583.7 | 1,044.5 | 1,607.4 | 1,746.7 | 2,188.5 | ||||
| Claims on public enterprises | 143.8 | 143.1 | 193.9 | 242.0 | 258.0 | 339.9 | 468.8 | 477.9 | 436.9 | 348.3 | 444.1 | 572.5 | 554.2 | 888.6 | 968.5 | 1,016.8 | 1,163.2 | 1,252.5 | 1,349.5 | 1,376.0 | ||||
| Claims on private sector | 2,445.3 | 2,751.2 | 3,210.4 | 3,541.3 | 3,795.9 | 4,195.1 | 4,821.8 | 5,474.1 | 5,729.2 | 5,901.0 | 6,940.8 | 8,191.7 | 8,904.1 | 9,724.3 | 10,655.6 | 12,219.8 | 12,957.6 | 13,967.6 | 16,218.2 | 16,247.9 | ||||
| Other items (net) | -1,531.1 | -1,482.9 | -1,464.0 | -1,613.0 | -1,585.8 | -1,720.1 | -1,817.0 | -2,007.7 | -1,939.1 | -2,141.4 | -2,213.5 | -2,477.4 | -2,578.3 | -2,646.3 | -2,724.1 | -3,389.9 | -3,532.2 | -4,388.5 | -4,382.3 | -4,915.4 | ||||
| Total liquidity ( M 2 ) | 4,985.1 | 5,324.0 | 5,291.8 | 5,983.7 | 5,901.9 | 6,325.5 | 6,266.5 | 6,685.0 | 7,151.6 | 7,700.9 | 7,531.2 | 8,063.3 | 9,003.2 | 9,651.1 | 9,180.7 | 9,972.0 | 11,086.1 | 11,264.8 | 12,221.3 | 12,326.2 | ||||
| Narrow money ( M 1 ) | 2,095.2 | 2,313.5 | 2,244.4 | 2,476.9 | 2,642.9 | 2,948.1 | 3,027.1 | 3,033.3 | 3,321.5 | 3,656.3 | 3,655.9 | 3,707.2 | 3,858.1 | 4,326.2 | 4,299.2 | 4,404.7 | 4,950.8 | 5,374.9 | 5,882.7 | 6,082.0 | ||||
| Currency in circulation | 642.2 | 673.4 | 721.0 | 762.5 | 810.8 | 826.1 | 869.7 | 883.2 | 910.3 | 973.4 | 1,000.3 | 1,067.8 | 977.9 | 1,049.5 | 1,102.3 | 1,141.6 | 1,228.3 | 1,323.5 | 1,566.3 | 1,509.9 | ||||
| Quasi-money | 2,889.8 | 3,010.5 | 3,047.4 | 3,506.8 | 3,259.0 | 3,377.4 | 3,239.4 | 3,651.7 | 3,830.1 | 4,044.6 | 3,875.4 | 4,356.1 | 5,145.1 | 5,325.0 | 4,881.5 | 5,567.3 | 6,135.3 | 5,890.0 | 6,338.6 | 6,244.2 | ||||
| of which: Foreign currency deposits 1_/ | 2,755.5 | 2,895.3 | 2,895.3 | 3,344.3 | 3,084.6 | 3,197.1 | 3,076.0 | 3,441.2 | 3,614.4 | 3,717.0 | 3,649.0 | 4,031.9 | 4,766.2 | 4,966.3 | 4,641.3 | 5,304.8 | 5,869.6 | 5,653.7 | 5,943.0 | 5,866.4 | ||||
| 1_/ Includes all foreign currency deposits with the commercial banks | ||||||||||||||||||||||||
| (excluding government deposits and non residents deposits) | ||||||||||||||||||||||||
| and foreign currency deposits of Public Enterprises with MMA | ||||||||||||||||||||||||
| Source: Maldives Monetary Authority. | ||||||||||||||||||||||||