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
3 Feb 2017
6.7%
—
6.4%
20 Jan 2017
6.4%
—
6.4%
6 Jan 2017
6.4%
—
6.5%
23 Dec 2016
6.5%
—
7.1%
9 Dec 2016
7.1%
—
8.5%
25 Nov 2016
8.5%
—
10.3%
11 Nov 2016
10.3%
—
10.9%
28 Oct 2016
10.9%
—
11.5%
14 Oct 2016
11.5%
—
12.1%
30 Sep 2016
12.1%
—
10.9%
16 Sep 2016
10.9%
—
10.7%
2 Sep 2016
10.7%
—
10.3%
19 Aug 2016
10.3%
—
10.7%
5 Aug 2016
10.7%
—
10.4%
22 Jul 2016
10.4%
—
10.6%
8 Jul 2016
10.6%
—
15.6%
24 Jun 2016
15.6%
—
10.2%
10 Jun 2016
10.2%
—
10.1%
27 May 2016
10.1%
—
10.4%
13 May 2016
10.4%
—
10.0%