RBI On Bank Notes: The government said in Parliament that keeping in mind the transaction needs of the public, RBI will ensure that the number of notes of all denominations remains available in a ...
Fact Check: 5 Can the old, discontinued 500-rupee and 1,000-rupee notes still be exchanged? Is the RBI still exchanging these old, discontinued notes? This question has become relevant because on ...
On May 19, the Reserve Bank of India announced that it was pulling out of circulation the country’s highest denomination currency, the 2,000 rupee note (worth $24.27 at today’s exchange rate). Unlike ...
MUMBAI/NEW DELHI, May 23 (Reuters) - Indians are stepping up purchases of daily essentials, and even premium branded goods, using the soon-to-be-withdrawn 2,000-rupee ($24.46) notes as they aim to ...
MUMBAI, Sept 1 (Reuters) - The Reserve Bank of India (RBI) on Friday said 93% of the country's highest denomination 2,000-rupee currency notes - worth 3.32 trillion rupees ($40.14 billion) - have been ...