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
29 Apr 2016
10.0%
—
10.7%
15 Apr 2016
10.7%
—
10.3%
1 Apr 2016
10.3%
—
10.3%
18 Mar 2016
10.3%
—
10.8%
4 Mar 2016
10.8%
—
11.3%
19 Feb 2016
11.3%
—
11.3%
5 Feb 2016
11.3%
—
11.1%
22 Jan 2016
11.1%
—
11.0%
8 Jan 2016
11.0%
—
11.0%
25 Dec 2015
11.0%
—
11.4%
11 Dec 2015
11.4%
—
10.7%
27 Nov 2015
10.7%
—
11.2%
13 Nov 2015
11.2%
—
10.9%
30 Oct 2015
10.9%
—
11.0%
16 Oct 2015
11.0%
—
10.9%
2 Oct 2015
10.9%
—
11.0%
18 Sep 2015
11.0%
—
11.2%
4 Sep 2015
11.2%
—
11.3%
21 Aug 2015
11.3%
—
10.9%
7 Aug 2015
10.9%
—
11.5%