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HomePersonal FinanceIndian Currency: New update! Government's big update on 1000 rupees note, may...

Indian Currency: New update! Government’s big update on 1000 rupees note, may be issued again, know details

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Currency News Update Today: After the notebandi date, many types of news are being seen in the market regarding currency notes, but now big news is coming out regarding the old Rs 1000 note. Let us tell you what decision the government is going to take regarding the Rs 1000 note-


1000 Rupees Note: After the notebandi date, many types of news are being seen in the market regarding currency notes, but now big news is coming about the old 1000 rupee note. According to media reports, news is coming that the government can start this note again.

At the time of demonetisation, the government stopped corruption in the country by closing this currency. In order to remove black money, the government (Modi Government) had decided to discontinue such notes, but now the government is going to start the 1000 rupee note once again.

Note can be issued again

Let us tell you that the purpose for which the government had closed these notes, it has also been successful to a great extent. At present, news is coming that the government can once again issue a note of 1000 rupees. In the year 20216, the government issued a note of 2000 rupees by closing the note of 1000 rupees.

2000 notes disappearing from the market

At the time of demonetisation, people had to face a lot of problems. At that time, people had to face the problem of standing in long queues to exchange the notes. Please tell that at this time, 2000 rupee notes are being seen very less in the market.

RBI report revealed

The Annual Report of RBI says that as on 31 March 2022, a total of 214.20 crore notes of Rs 2,000 (2000 Rupee note) are in circulation. This is 1.6% of the total notes. If we look at the value, then a total of Rs 4,28,394 crore notes are in circulation. In terms of value, 13.8% notes exist. Even after the presence of such a large number of notes, if you are not seeing them, do not assume that it is closing or has stopped.

Notes were banned in 2016

Let us tell you that on November 8, 2016, Prime Minister Narendra Modi had announced demonetisation in the country. After this, the currency of 500 and 1000 rupees was banned in the country from midnight on the same day. However, after this people were allowed to exchange notes from the bank.

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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