MUMBAI, Sept 4 (Reuters) - India's M3 money supply
rose an annualised 12.2 percent in the two weeks to
Aug. 23, slower than 14.1 percent a year earlier, the Reserve
Bank of India said on Wednesday.
Money supply was 87.74 trillion rupees ($1.3 trillion) as of
Aug. 23, compared with 87.70 trillion rupees on Aug. 9, the
central bank data showed.
The central bank said year-on-year reserve money rose 7.1
percent in the week to Aug. 30, from 5.7 percent a year earlier.
It also said currency in circulation rose 9 percent
year-on-year in the week to Aug. 30, compared with 11.9 percent
a year earlier.
($1 = 67.2 rupees)
(Reporting by Suvashree Dey Choudhury; Editing by Subhranshu