RBI Reports Weekly Currency and Reserve Money Trends

  Published 1 year ago

RBI notes 0.2% weekly drop in currency to Rs 38.24 lakh crore; reserve money falls 0.3% to Rs 49.29 lakh crore.

  • Currency in circulation eased weekly but rose 7.2% YoY, up from 6% in the prior year.
  • Reserve money contracted 0.3% weekly but grew 2% in the current fiscal, slower than currency.
  • Annual currency growth accelerates to 7.2%, indicating sustained demand for cash.

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