Currency In Circulation Up 3% This Fiscal

The Reserve Bank Of India (RBI) has reported that currency in circulation fell by 0.2% on the week to stand at Rs 29.39 lakh crore as on September 3, 2021. The central bank stated further that the overall reserve money rose by 0.40% on the week to Rs 36.95 lakh crore. Currency in circulation rose around 9.40% on a year ago basis compared to 22.60% growth at the same time last year. In the current fiscal, the currency in circulation has gone up by 3% so far while the reserve money has moved up by 2.60%.

Powered by Capital Market - Live News