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
10 Jan 2014
14.5%
—
14.9%
27 Dec 2013
14.9%
—
15.1%
13 Dec 2013
15.1%
—
14.5%
29 Nov 2013
14.5%
—
13.8%
15 Nov 2013
13.8%
—
14.1%
1 Nov 2013
14.1%
—
13.0%
18 Oct 2013
13.0%
—
13.2%
4 Oct 2013
13.2%
—
12.5%
20 Sep 2013
12.5%
—
12.6%
6 Sep 2013
12.6%
—
12.2%
23 Aug 2013
12.2%
—
12.2%
9 Aug 2013
12.2%
—
12.5%
26 Jul 2013
12.5%
—
12.8%
12 Jul 2013
12.8%
—
12.8%
28 Jun 2013
12.8%
—
12.2%
14 Jun 2013
12.2%
—
12.1%
31 May 2013
12.1%
—
12.2%
17 May 2013
12.2%
—
12.5%
3 May 2013
12.5%
—
12.4%
19 Apr 2013
12.4%
—
12.4%