Money supply, billion currency units
| Latest value
||billion Indian Rupee
||Reserve Bank of India
For that indicator, we provide data for India from May 1998 to May 2022. The average value for India during that period was 72757.29 billion Indian Rupee with a minimum of 8476.97 billion Indian Rupee in May 1998 and a maximum of 207120.63 billion Indian Rupee in April 2022.
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Longer historical series
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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.