Economy Reports News Details

Reserve money gains 0.40% on weekly basis

(30-Nov-23   13:21)

The Reserve Bank of India (RBI) has reported that currency in circulation stayed almost unchanged on the week to stand at Rs 33.55 lakh crore as on November 10, 2023. The central bank stated further that the overall reserve money gained by 0.50% on the week to Rs 44.24 lakh crore. Currency in circulation rose 4.3% on a year ago basis compared to 7.9% growth at the same time last year. In the current fiscal, the currency in circulation has contracted by 0.7% so far while the reserve money has edged up by 0.9%.

Powered by Capital Market - Live News