The Reserve Bank Of India (RBI) has reported that currency in circulation gained by 0.70% on the week to stand at Rs 31.15 lakh crore as on March 11, 2022. The central bank stated further that the overall reserve money fell by 0.60% on the week to Rs 38.84 lakh crore. Currency in circulation moved up 8.9% on a year ago basis compared to 19.20% growth at the same time last year. In the current fiscal, the currency in circulation has gone up by 9.2% so far while the reserve money has gained by around 8%.
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