Currency In Circulation Gains Nearly 9% On Year

Last Updated : Oct 07 2021 | 3:50 PM IST

The Reserve Bank Of India (RBI) has reported that currency in circulation slipped 0.3% on the week to stand at Rs 29.17 lakh crore as on October 1, 2021. The central bank stated further that the overall reserve money also eased by 0.10% on the week to Rs 36.57 lakh crore. Currency in circulation rose around 8.9% on a year ago basis compared to 21.50% growth at the same time last year. In the current fiscal, the currency in circulation has gone up by 2.2% so far while the reserve money has gained by 1.6%.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Already subscribed? Log in

Subscribe to read the full story →

^*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%

*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

In-depth market analysis & insights with access to The Smart Investor

Ad-free Reading

Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

Access Business Standard across devices — mobile, tablet, or PC, via web or app

SAVE 25%

Subscribe for ₹2,700 / 1 Year

Connect with us on WhatsApp

Currency In Circulation Gains Nearly 9% On Year