MUMBAI, Jan 9 (Reuters) - India's M3 money supply
rose an annualised 11.2 percent in the two weeks to
Dec. 28, compared with 16.0 percent growth a year earlier, the
Reserve Bank of India said on Wednesday.
Money supply was 80,319.2 billion rupees ($1.47 trillion) as
of Dec. 28, compared with 79,867.4 billion rupees on Dec. 14,
the central bank said.
The RBI said year-on-year reserve money grew 2.4 percent in
the week to Jan.4, compared with 13.0 percent a year ago.
It also said currency in circulation grew 11.2 percent
year-on-year in the week to Jan. 4, compared with 12.1 percent a
($1 = 54.8 rupees)
(Reporting by Shamik Paul; Editing by Prateek Chatterjee)