Thursday, August 29, 2019

No. of 2,000-rupee notes shrink 7.2 cr in FY-19

The Rs 2,000 note, which was much-reviled during demonetisation due to difficulties in exchanging it, is seeing a sharp drop in print orders by the RBI. After all demonetised notes were replaced in March 2017, the Rs 2,000 note accounted for half the total value of the currency in circulation. It now accounts for 31% of the value of the total currency in circulation.

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