India's Currency in Circulation Increases by 11.6% Year-on-Year
Currency in circulation up 11.6% on year
Business Standard
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As of April 30, 2026, India's currency in circulation reached ₹42.53 lakh crore after a 11.6% increase from the previous year. The Reserve Bank of India also reported a 1.7% rise in overall reserve money, totaling ₹52.25 lakh crore.
- 01Currency in circulation rose to ₹42.53 lakh crore.
- 02Year-on-year growth in currency circulation is 11.6%.
- 03Reserve money increased to ₹52.25 lakh crore.
- 04Current fiscal year shows a 2.1% increase in currency circulation.
- 05Previous year's growth was lower at 6.7%.
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The Reserve Bank of India (RBI) announced that as of April 30, 2026, currency in circulation in India has increased by 11.6% year-on-year, reaching ₹42.53 lakh crore (approximately $51.3 billion USD). This marks a significant rise compared to the 6.7% growth recorded during the same period last year. Additionally, the overall reserve money, which includes currency in circulation and other liquid assets, has grown by 1.7% to ₹52.25 lakh crore (approximately $63.1 billion USD). In the current fiscal year, both currency in circulation and reserve money have shown a modest increase of 2.1% so far.
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The increase in currency circulation may indicate growing economic activity, potentially affecting consumer spending and inflation rates.
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