FX.co ★ India's M3 Money Supply Rises to 11.4% in April 2024

India's M3 Money Supply has increased to 11.4% as of April 2024, according to the latest data update. This marks a slight uptick from the previous indicator of 11.2%. The M3 Money Supply measure includes physical currency, demand deposits, time deposits, and other liquid assets in the economy. This increase suggests a growth in the overall money supply circulating in India, which can have implications for inflation, economic activity, and financial stability. Investors and analysts will be closely monitoring the trend in M3 Money Supply to assess the state of India's economy and its monetary policy moving forward.