The Reserve Bank Of India (RBI) has reported that currency in circulation edged lower by 0.10% on the week to stand at Rs 29.98 lakh crore as on December 17, 2021. The central bank stated further that the overall reserve money gained by 1.2% on the week to Rs 37.38 lakh crore. Currency in circulation rose 8% on a year ago basis compared to 22.20% growth at the same time last year. In the current fiscal, the currency in circulation has gone up by 5.1% so far while the reserve money has gained by 5.2%.
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