Money supply, billion currency units in India, December, 2019
For that indicator, Reserve Bank of India provides data for India from 1998 to Q4 2019. The average value for India during that period was 60597.46 billion Indian Rupee with a minimum of 8476.97 billion Indian Rupee in May 1998 and a maximum of 160588.89 billion Indian Rupee in December 2019.
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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.