Reserve money gains 1.59% on weekly basis

The Reserve Bank of India (RBI) has reported that currency in circulation edged up by 0.50% on the week to stand at Rs 35.34 lakh crore as on October 25, 2024. The central bank stated further that the overall reserve money gained by 1.59% on the week to Rs 47.38 lakh crore. Currency in circulation rose 7% on a year ago basis compared to 2.9% rise at the same time last year. In the current fiscal, the currency in circulation gained 0.7% so far while the reserve money has increased by 2.3%.

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