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
24 Jul 2015
11.5%
—
11.3%
10 Jul 2015
11.3%
—
11.0%
26 Jun 2015
11.0%
—
11.1%
12 Jun 2015
11.1%
—
11.0%
29 May 2015
11.0%
—
11.3%
15 May 2015
11.3%
—
11.7%
1 May 2015
11.7%
—
11.0%
17 Apr 2015
11.0%
—
12.0%
3 Apr 2015
12.0%
—
11.1%
20 Mar 2015
11.1%
—
11.3%
6 Mar 2015
11.3%
—
11.5%
20 Feb 2015
11.5%
—
11.4%
6 Feb 2015
11.4%
—
11.2%
23 Jan 2015
11.2%
—
11.5%
9 Jan 2015
11.5%
—
11.1%
26 Dec 2014
11.1%
—
10.2%
12 Dec 2014
10.2%
—
11.0%
28 Nov 2014
11.0%
—
11.4%
14 Nov 2014
11.4%
—
11.3%
31 Oct 2014
11.3%
—
12.0%