MUMBAI, Aug 21 (Reuters) - India's M3 money supply
rose an annualised 12.2 percent in the two weeks to
Aug. 9, slower than 14.4 percent a year earlier, the Reserve
Bank of India said on Wednesday.
Money supply was 87.70 trillion rupees ($1.4 trillion) as of
Aug. 9, compared with 87.39 trillion rupees on July 26, the
central bank data showed.
The central bank said year-on-year reserve money rose 7.1
percent in the week to Aug. 16, unchanged from a year earlier.
It also said currency in circulation rose 9.4 percent
year-on-year in the week to Aug. 16, compared with 13 percent a
($1 = 64.3 rupees)
(Reporting by Shamik paul; Editing by Anand Basu)