03-Jul-2025      13:01

Reserve money contracts 0.3% on weekly basis

The Reserve Bank of India (RBI) has reported that currency in circulation eased 0.2% on the week to stand at Rs 38.24 lakh crore as on June 27, 2025. The central bank stated further that the overall reserve money also contracted 0.3% on the week to Rs 49.29 lakh crore. Currency in circulation rose 7.2% on a year ago basis compared to 6% gain at the same time last year. In the current fiscal, the currency in circulation increased 2.6% so far while the reserve money has edged up by 2%.

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