Sponsored Links

India's July 13 money supply grows 14.3 pct y-o-y - RBI

Related Topics

Wed Jul 25, 2012 4:59am EDT

MUMBAI, July 25 (Reuters) - India's M3 money supply
 rose an annual 14.3 percent as on July 13, compared
with a 13.2 percent rise two weeks ago and a 16.9 percent growth
a year earlier, the Reserve Bank of India said on Wednesday.    
    Money supply was at 77,301.2 billion rupees ($1.4 trillion)
as of July 13, compared with 77,255.6 billion rupees on June 29,
the central bank said.
    The RBI said year-on-year reserve money growth was 9.5
percent in the week to July 20, compared with 13.3 percent a
year ago.
    It also said currency in circulation grew 13.1 percent
year-on-year in the week to July 20, compared with 15.1 percent
a year ago. 
    ($1 = 56.2 rupees)

 (Reporting by Shamik Paul; Editing by Prateek Chatterjee)
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.