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India reserve money up 5.5 pct y/y in week to Nov. 16

Source : REUTERS
Last Updated: Wed, Nov 21, 2012 08:54 hrs
An employee sorts Indian currency notes at a cash counter inside a bank in Agartala

India's reserve money grew an annual 5.5 percent in the week to Nov. 16, slower than the 13.8 percent rise in the same period a year earlier, the Reserve Bank of India said on Wednesday.

Currency in circulation grew 13.6 percent year-on-year in the week to Nov. 16, up from 12.4 percent a year earlier.


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