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
12.5%
Forecast
12.5%
Previous
13.0%
Next release
Actual
Coming in 1 day
Forecast
12.6%
Previous
12.5%
Date (GMT)
Reference
Actual
Forecast
Previous
24 Apr 2020
10.7%
9.4%
10.2%
10 Apr 2020
10.2%
9.3%
8.8%
27 Mar 2020
8.8%
9.5%
9.5%
13 Mar 2020
9.5%
9.5%
9.4%
29 Feb 2020
9.4%
9.9%
9.6%
14 Feb 2020
9.6%
10.0%
10.2%
31 Jan 2020
10.2%
9.9%
9.9%
17 Jan 2020
9.9%
10.4%
10.1%
3 Jan 2020
10.1%
—
10.4%
20 Dec 2019
10.4%
—
10.7%
6 Dec 2019
10.7%
—
9.8%
22 Nov 2019
9.8%
—
9.9%
8 Nov 2019
9.9%
—
10.6%
25 Oct 2019
10.6%
—
10.0%
11 Oct 2019
10.0%
—
9.7%
27 Sep 2019
9.7%
—
10.1%
13 Sep 2019
10.1%
—
9.9%
30 Aug 2019
9.9%
—
10.2%
16 Aug 2019
10.2%
—
10.1%
2 Aug 2019
10.1%
—
10.6%