Money supply, billion currency units in India, May 1998 - July 2021
For that indicator, we provide data for India from May 1998 to July 2021. The average value for India during that period was 68669.35 billion Indian Rupee with a minimum of 8476.97 billion Indian Rupee in May 1998 and a maximum of 193751.45 billion Indian Rupee in July 2021.
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Longer historical series
* indicates monthly or quarterly data series
Measure: billion Indian Rupee
Source: Reserve Bank of India
Definition: The money supply is the total amount of currency and other liquid instruments circulating in the economy. The indicator represents the broad money that include currency outside banks; demand, time, saving, and foreign currency deposits of resident sectors other than the central government; bank and traveler's checks; and other securities such as certificates of deposit and commercial paper.