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India M3 Money Supply

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India M3 Money Supply

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Status

 
Latest Release
Feb 25, 2021
Actual
12.6%
Previous
12.1%
Monetary aggregates, known also as "money supply", is the quantity of currency available within the economy to purchase goods and services. M3 is a broad monetary aggregate that includes all physical currency circulating in the economy (banknotes and coins), operational deposits in central bank, money in current accounts, saving accounts, money market deposits, certificates of deposit, all other deposits and repurchase agreements.
A higher than expected reading should be taken as positive/bullish for the INR , while a lower than expected reading should be taken as negative/bearish for the INR.
Importance:
Country:
Currency: INR
Source: Reserve Bank of India
India M3 Money Supply
 
Release Date Time Actual Forecast Previous
Feb 25, 2021 12:00 12.6%   12.1%
Feb 11, 2021 12:30 12.1%   12.5%
Jan 28, 2021 13:00 12.5%   12.5%
Jan 14, 2021 07:30 12.5%   12.4%
Dec 30, 2020 12:30 12.4%   12.4%
Dec 16, 2020 12:30 12.4%   12.5%

M3 Money Supply Discussion

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