MONETARY SURVEY
as at November 30, 2006
(In Millions of Birr)
2005
September
October
November
2006
Foreign assets (net)
13179.7
13109.3
12402.0
11167.7
10904.5
11929.2
National Bank
8378.6
8123.9
7572.8
5216.5
4960.0
5807.3
Assets
12388.1
12135.8
11594.9
7373.6
7248.0
8005.6
Liabilities
4009.5
4011.8
4022.1
2157.1
2288.0
2198.3
Commercial Banks 1/ 3/
4801.1
4985.3
4829.3
5951.2
5944.5
6121.9
6565.1
6838.9
6526.9
7732.2
7833.5
7905.7
1764.0
1853.6
1697.6
1781.0
1889.0
1783.8
Domestic credit
43711.8
43508.7
44399.9
53144.0
53931.8
53739.3
Claims on Government
24482.4
23964.0
24150.1
26344.4
26730.4
25065.3
21630.8
21899.6
22107.7
19668.5
21958.1
20861.2
Commercial Banks
2851.5
2064.4
2042.4
6675.9
4772.4
4204.0
Claims on other sectors
19229.4
19544.8
20249.8
26799.6
27201.4
28674.1
0.0
Broad Money
41833.2
41434.3
41342.7
49526.9
48829.2
49811.3
Money
21406.7
20968.5
20733.8
25679.9
24822.0
25592.7
Currency outside banks 2/
9552.7
9246.5
9440.0
10867.1
11313.1
11606.4
Demand deposits
11854.0
11722.0
11293.8
14812.9
13508.8
13986.4
Quasi-money
20426.5
20465.8
20608.9
23846.9
24007.3
24218.6
Savings deposits
18711.9
18759.6
18864.3
21472.8
21592.7
21677.1
Time deposits
1714.6
1706.2
1744.6
2374.2
2414.6
2541.5
Other items (net)
15058.3
15183.7
15459.2
14784.8
16007.1
15857.2
20456.7
20777.0
20240.5
14017.9
15605.0
15062.2
-5398.4
-5593.3
-4781.3
766.9
402.1
795.0
Net Domestic Assets
28653.5
28325.0
28940.7
38359.2
37924.8
37882.1
Net Foreign Assets (excluding Birr in Eritrea)
11947.3
11876.8
11169.6
9935.2
9672.0
10696.7
Other Items (Net) (Excluding Birr in Eritrea)
13825.9
13951.2
14226.7
13552.4
14774.6
14624.7
Reserves (FA-UFC)
17498.8
17555.5
16727.4
15105.7
15081.4
15911.2
Minimum Reserves (NFA of NBE)
Reserves /Broad Money
0.4
0.3
Minimum Reserves/Broad Money
0.2
0.1
Currency Redeemed in Eritrea and Unclaimed in Ethiopia
-
1/Commercial banks include CBE, CBB, AIB, Dashen, Abyssinia, Wegagen, United , Nib Bank. cooperative bank of oromia
2/ The balance excludes old notes of Birr 1036.5 million redeemed in Eritrea and unclaimed in Ethiopia.
3/ The balance includes Birr 1232.5 million net claim of CBE on Bank of Eritrea.
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