RBI M3 Money Supply y/y measures a percentage change in the entire money supply circulating in Indian economy, in the reference month compared to the same month a year ago. In general, a positive relationship is assumed between the growth of money supply M3 and that of inflation, economic growth and income. An increase in M3 Money Supply should therefore have a positive impact on INR, as incomes and inflation will also increase as a result.
Reserve Bank of India M3 Money Supply y/y
Last release
Actual
12.0%
Forecast
13.1%
Previous
12.0%
Next release
Actual
Coming in 4 days
Forecast
13.1%
Previous
12.0%
Date (GMT)
Reference
Actual
Forecast
Previous
7 Jun 2019
10.1%
—
10.3%
24 May 2019
10.3%
—
10.5%
10 May 2019
10.5%
—
10.0%
26 Apr 2019
10.0%
—
10.9%
12 Apr 2019
10.9%
—
10.6%
29 Mar 2019
10.6%
—
10.6%
15 Mar 2019
10.6%
—
10.5%
1 Mar 2019
10.5%
—
10.8%
15 Feb 2019
10.8%
—
10.4%
1 Feb 2019
10.4%
—
10.4%
18 Jan 2019
10.4%
—
10.6%
4 Jan 2019
10.6%
—
10.2%
21 Dec 2018
10.2%
—
10.5%
7 Dec 2018
10.5%
—
10.4%
23 Nov 2018
10.4%
—
10.3%
9 Nov 2018
10.3%
—
10.0%
26 Oct 2018
10.0%
—
10.0%
12 Oct 2018
10.0%
—
9.4%
28 Sep 2018
9.4%
—
10.0%
14 Sep 2018
10.0%
—
10.3%