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May 19, 2023
The ₹2000 denomination banknote was introduced in November 2016 with the objective of meeting the currency requirement of the economy in an expeditious manner after withdrawal of the legal tender status of all ₹500 and ₹1000 banknotes in circulation at that time.
May 19, 2023
The RBI said that about 89 percent of the 2,000 denomination banknotes were issued before March 2017 and are at the end of their estimated life span of 4-5 years.
May 19, 2023
The move from the RBI comes amid concerns about the highest denomination notes being used to hoard black money. The RBI had stopped printing Rs 2,000 notes in 2018-19 and the notes were rarely in circulation. -- aaa
May 19, 2023
The Rs 2,000 currency notes have been withdrawn by the RBI due to an increase in the circulation of fake currency, government sources told India Today.
May 19, 2023
The Reserve Bank of India (RBI) has announced its decision to withdraw the Rs 2000 denomination banknotes from circulation as part of its Clean Note Policy.
February 20, 2023
The Bangko Sentral ng Pilipinas (BSP) has been building up its Clean Note and Coin Policy and the Coin Recirculation Program with its recently relaunched “Piso Caravan” to preserve the country’s currency integrity. The central bank’s Piso Caravan is a currency exchange program to promote digital p
January 17, 2023
The Bangko Sentral ng Pilipinas (BSP) has resumed its “Piso Caravan” currency exchange program which now includes helping the public to shift from cold cash to e-money. The BSP on Tuesday, Jan. 17, has reiterated its call for Filipinos to replace their unfit banknotes and coins with digital cash.
December 18, 2022
The Bangko Sentral ng Pilipinas (BSP) said there will be sufficient supply of banknotes and coins during December and throughout the holiday season. "The BSP assures the public that sufficient supply of fresh banknotes and coins is available in view of the seasonal surge in currency demand,” the c
November 3, 2022
The Bangko Sentral ng Pilipinas (BSP) said on Wednesday, Nov. 3, that it has retired some 519.93 metric tons of “unfit, demonetized, mutilated and counterfeit” (UDMC) coins by the process of defacement which started October last year until September 2022. Coins considered unfit are those that are
March 23, 2022
The Bangko Sentral ng Pilipinas (BSP) advised the public to exchange or deposit “unfit” coins as part of its campaign to promote and improve its use and circulation. 73631 “Proper handling of coins helps maintain their structural integrity, which also promotes vigilance against their unlawful us