Reserve money rises 0.36% on weekly basis

The Reserve Bank of India (RBI) has reported that currency in circulation edged down by 0.1% on the week to stand at Rs 35.61 lakh crore as on November 15, 2024. The central bank stated further that the overall reserve money rose by 0.36% on the week to Rs 47.32 lakh crore. Currency in circulation rose 6.1% on a year ago basis compared to 4.3% rise at the same time last year. In the current fiscal, the currency in circulation gained 1.4% so far while the reserve money has edged up by 2.2%.

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