India central bank says reserve money grew 8.9pc on year in week to April 18

23 Apr, 2014

MUMBAI: India's reserve money rose an annualised 8.9 percent in the week to April 18, faster than 7.6 percent a year earlier, the Reserve Bank of India said on Wednesday.

Currency in circulation grew 9.7 percent year-on-year in the week to April 18, compared with 10.6 percent a year earlier.

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