Nominal Total Credit to General Government, Adjusted for Breaks, for India
Indian Rupee (Billions)
QINGANXDCA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
264,402.44
Year-over-Year Change
36.58%
Date Range
1/1/1981 - 10/1/2024
Summary
The Indian Rupee (Billions) trend measures the total value of Indian rupee currency in circulation. This metric is important for understanding India's money supply and assessing the health of its financial system.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Indian Rupee (Billions) data series tracks the total value of currency notes and coins in circulation within India. It provides insight into the country's monetary conditions and is a key indicator monitored by the Reserve Bank of India and other policymakers.
Methodology
The data is collected and reported by the Reserve Bank of India.
Historical Context
Trends in the Indian Rupee (Billions) are closely watched by economists, investors, and government officials to gauge India's economic growth and inflation.
Key Facts
- India has the world's second-largest currency in circulation.
- The Indian Rupee is the official currency of India.
- Currency in circulation has grown significantly in India over the past decade.
FAQs
Q: What does this economic trend measure?
A: The Indian Rupee (Billions) trend measures the total value of Indian rupee currency notes and coins in circulation within the country.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into India's money supply and is an important indicator of the country's economic and financial conditions.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Reserve Bank of India, the central banking institution of India.
Q: How is this trend used in economic policy?
A: Trends in the Indian Rupee (Billions) are closely monitored by the Reserve Bank of India and other policymakers to guide monetary policy decisions.
Q: Are there update delays or limitations?
A: The Indian Rupee (Billions) data is typically published with a short lag, and may be subject to revisions by the Reserve Bank of India.
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Citation
U.S. Federal Reserve, Indian Rupee (Billions) (QINGANXDCA), retrieved from FRED.