2000 Currency Note News Today

Hyderabad: Chief Minister A. Revanth Reddy termed BRS chief K. Chandrashekar Rao a banned Rs 1,000 currency note that holds no legal value. Bitterly attacking Rao for claiming that 200 farmers had...

Experts say the primary determinants are inflation and the velocity of money, which is necessarily the rate at which currency is exchanged.

Rs 2000 note exchange: Curious about depositing or exchanging 2000-rupee notes at post offices? Check details here.

The RBI on Friday said that it had withdrawn Rs 2,000 currency notes but the note will remain a legal tender. It has asked people to deposit/exchange the currency till September 30, 2023.

The RBI on Friday said Rs 2,000 denomination notes to the value of Rs 3.62 lakh crore were in circulation on March 31, 2023.

In a big announcement, Reserve Bank of India today said that Rs 2000 notes will be banned from circulation. The Reserve Bank of India said that those who have the Rs 2000 notes will have to exchange them on or before 30th September, 2023. The currency notes exhange will start on 23rd May, 2023. The Rs 2000 notes, that are still in circulation, will not be demonetised as of now - i.e. they can be used for payments till 30th September.

RBI has asked the banks to stop the circulation of Rs 2,000 denomination notes with immediate effect.

In a big announcement, Reserve Bank of India today said that Rs 2000 notes will be banned from circulation. The Reserve Bank of India said that those who have the Rs 2000 notes will have to exchange them on or before 30th September, 2023. The currency notes exhange will start on 23rd May, 2023. The Rs 2000 notes, that are still in circulation, will not be demonetised as of now - i.e. they can be used for payments till 30th September.

The Reserve Bank of India (RBI) has instructed banks to halt the issuance of Rs 2000 denomination banknotes with immediate effect, although these banknotes will continue to be accepted as legal tender.