Currency in circulation rises despite Rs 2,ooo note withdrawal

The currency value increased in FY24 despite Rs 2,000 notes withdrawal. Slowest growth rate since 2018. Rs 500 notes now account for 86.5% of all CIC value. Bankers expect further CIC rise during elections."}

Currency in circulation rises despite Rs 2,ooo note withdrawal

Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -

Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -

The currency value increased in FY24 despite Rs 2,000 notes withdrawal. Slowest growth rate since 2018. Rs 500 notes now account for 86.5% of all CIC value. Bankers expect further CIC rise during elections."}