Reserve money grew 12.6% on year in week to April 4: RBI

MUMBAI: India’s reserve money rose an annualised 12.6 per cent in the week to April 4, faster than 6.0 per cent a year earlier, the Reserve Bank of India said on Wednesday.

Currency in circulation grew 9.0 per cent year-on-year in the week to April 4, compared with 11.2 per cent a year earlier.