The central bank had announced the withdrawal of Rs 2,000 banknotes from circulation on May 19, 2023, though the notes continue to remain legal tender.

The Reserve Bank of India reported that Rs 5,817 crore worth of Rs 2,000 denomination notes are still in circulation. This ...

India withdrawing its highest value currency notes from circulation may push some consumers to buy precious metals and real estate, giving a temporary boost to Asia’s third-largest economy. In a bid ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. The Reserve Bank of India has decided ...

MUMBAI, May 22 (Reuters) - The Indian rupee is expected to open weaker against the U.S. dollar after the central bank said it will withdraw the highest value currency note from circulation.

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 ...

The move to retire 2,000-rupee notes, worth $24, has triggered bad memories of a similar campaign in 2016. It has also left some businesses short of change. By Sameer Yasir and Mike Ives Sameer Yasir ...

NEW DELHI, June 21 (Reuters) - Amazon AMZN.O said on Wednesday it will collect soon-to-be-withdrawn 2,000 rupee ($24) notes from customers in India and credit them to online wallets to help people ...

Bengaluru police exposed a ritual scam exploiting demonetised Rs 2,000 notes, duping victims with false promises of wealth ...

MUMBAI, May 22 (Reuters) - The Indian rupee is expected to open weaker against the U.S. dollar after the central bank said it will withdraw the highest value currency note from circulation.