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Economy News

News on Indian Economy and Sectors, which have impacts in the market.

 
Currency In Circulation Gains 7.9% On Year
20-Jan-22 12:50Hrs IST

The Reserve Bank Of India (RBI) has reported that currency in circulation gained by 0.50% on the week to stand at Rs 30.33 lakh crore as on January 14, 2022. The central bank stated further that the overall reserve money gained by 1.4% on the week to Rs 38.14 lakh crore. Currency in circulation moved up 7.9% on a year ago basis compared to 21.9% growth at the same time last year. In the current fiscal, the currency in circulation has gone up by 6.3% so far while the reserve money has gained by 6%.

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