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- Ministry of Finance Simplifies GST Return Forms, Extends Filing Dates
- Currency In Circulation Rises By 12.30% On Year
- WPI Inflation dips 0.2% in October 2019
- India’s Medical Value Travel Market Expected To Become US$ 9 Billion By 2020
- India And Russia Express Satisfaction That $25 Billion Target Of Bilateral Trade Has Been Achieved
- India Is World’s Most Open And Investment Friendly Economy Says Prime Minister
- CPI inflation jumps to 4.62% in October 2019
- OSH Code Should Aim At Facilitating MSME Sector: CII
- Ministry of Personnel Says India Will Emerge As Torchbearer Of Banking Reforms
- Domestic Growth Expected To Fall To 4.2% In September Quarter According to SBI’s Ecowrap
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The Reserve Bank Of India (RBI) reported that currency in circulation gained by 0.6% on the week to stand at Rs 22.71 lakh crore trillion as on 8 November 2019. The central bank noted further that the overall reserve money fell marginally on the week to Rs 28.67 lakh crore.
Currency in circulation rose 12.30% on a year ago basis compared to 22.30% surge at the same time last year. In the current fiscal, the currency in circulation has grown by 6.3% so far while the reserve money went up by 3.5%.
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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
First Published: Thu, November 14 2019. 17:52 IST
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