The rupee is getting weaker against the dollar and RBI likely stepped in to sell dollars via state-run banks in early trade on Monday after the rupee opened weaker on global risk-off sentiment. The rupee is trading at 53.46.
In the mean time just thought of sharing some basics from RBI : -
Narrow Money (M1) This is a fortnightly compilation. It consists of:
- Currency notes and coins with the public (Excluding cash on hand of all banks). View full article »