The Reserve Bank Of India (RBI) has reported that currency in circulation edged up by 0.20% on the week to stand at Rs 29.60 lakh crore as on August 13, 2021. The central bank stated further that the overall reserve money gained by 0.30% on the week to Rs 37.27 lakh crore. Currency in circulation rose around 10% on a year ago basis compared to 22.40% growth at the same time last year. In the current fiscal, the currency in circulation has gone up by 3.70% so far while the reserve money has increased by 3.5%.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
