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
31 Aug 2018
10.3%
—
9.9%
17 Aug 2018
9.9%
—
9.8%
3 Aug 2018
9.8%
—
9.9%
20 Jul 2018
9.9%
—
10.2%
6 Jul 2018
10.2%
—
9.8%
22 Jun 2018
9.8%
—
10.4%
8 Jun 2018
10.4%
—
10.7%
25 May 2018
10.7%
—
10.0%
11 May 2018
10.0%
—
10.6%
27 Apr 2018
10.6%
—
10.5%
13 Apr 2018
10.5%
—
9.6%
30 Mar 2018
9.6%
—
9.8%
16 Mar 2018
9.8%
—
10.4%
2 Mar 2018
10.4%
—
10.3%
16 Feb 2018
10.3%
—
10.6%
2 Feb 2018
10.6%
—
10.8%
19 Jan 2018
10.8%
—
10.7%
5 Jan 2018
10.7%
—
10.5%
22 Dec 2017
10.5%
—
9.9%
8 Dec 2017
9.9%
—
8.8%