The Indian rupee fell to a one-month low on Friday, and logged its third straight weekly decline, pressured by outflows from ...

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.

India will start withdrawing its highest value currency notes from circulation, ... Item 1 of 2 A cashier displays the new 2000 Indian rupee banknotes inside a bank in Jammu, November 15, 2016.

The RBI has introduced new Rs 500 and Rs 2,000 currency notes after demonetisation. Subsequently, new Rs 200 notes were also introduced in India.

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).

The move to retire 2,000-rupee notes, ... That may be because they account for less than 11 percent of the currency in circulation. India’s 1.4 billion citizens also have until Sept. 30 to ...

The Indian rupee declined and ... The rupee was last at 82.82 to the U.S. dollar, ... The USD/INR forward premiums dropped after the RBI said it would withdraw its highest denomination 2,000-rupee ...

The Reserve Bank of India has provided an easy way to identify a 100 rupee note. It has a long strip, which is in the middle of the note. If you look at this strip upwards, then RBI and India will ...

The Press Information Bureau's Fact Check clarified that the RBI has issued no such directive and that Rs 500 notes remain ...