Currency in circulation rises 7.8% to ₹33.48 lakh cr in FY23
₹500 and ₹2000 notes together accounted for 87.9% of the total value of banknotes in circulation as on March 31, 2023.
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May 2023
December 2022
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September 2021
February 2020
May 2019
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November 2018
October 2018
Year 2022 marks inflection point for financial world
The year proved to be a roller-coaster, not only from the geo-political perspective but also from the point of view of asset management and economics.
The Brief: Rupee At 80: Is This The New Normal?
The U.S. rate hike trajectory and crude oil prices to keep currency on the boil for now.
Budget 2022: Currency in circulation up 2x since DeMo
Cash has grown in prominence despite a very swift rise in digital payments in India over the last few years.
India’s forex kitty could swell to $550 billion
Since April 2001 foreign exchange reserves grew 11.15 times to $476.09 billion in mid-February; the RBI may add $21 billion more by March 2021, according to a BofA Securities report.
Overwhelming mandate to lead to broad-based growth
Without undermining the importance of a stable government with sustained focus on development and growth, one should take cognisance of the present economic scenario which requires urgent attention.
Sluggish start to M&A deals in January
The fall in the deal activity is attributed to the recent uncertainty around trade and Brexit, exchange rate volatility and rising crude oil prices.
RBI vs the government: A temporary truce
The government is the first to blink after a war of words between the finance ministry and the RBI hit stocks, currency, money and bond markets.
RBI surprises with status quo, but changes stance to hawkish
Despite a rate hike being priced in by the markets, the RBI’s MPC kept the repo rate unchanged at 6.5% in October.
