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EQUITY - MARKET SCREENER

Currency in circulation contracts by 0.80% on week
08-Jun-23   17:04 Hrs IST
The Reserve Bank Of India (RBI) has reported that currency in circulation contracted by 0.80% on the week to stand at Rs 34.14 lakh crore as on June 2, 2023. The central bank stated further that the overall reserve money also contracted by 0.60% on the week to Rs 43.96 lakh crore. Currency in circulation moved up 5.9% on a year ago basis compared to 8.3% growth at the same time last year. In the current fiscal, the currency in circulation has edged up by 1.1% so far while the reserve money has recorded a marginal growth of 0.20%.

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