MUMBAI, May 20 (Reuters) - India will withdraw its highest denomination currency note from circulation, the central bank said on Friday. The 2000-rupee note, introduced into circulation in 2016, will ...

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.

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 ...

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 ...

Following a complaint from Reserve Bank of India (RBI) about fake currency notes, the Halasuru Gate Police busted a racket and arrested ten people for their alleged involvement in tampering with and ...