India to withdraw 2,000-rupee notes from circulation

MUMBAI, May 19 (Reuters) – India will start withdrawing 2,000-rupee ($24.5) notes from circulation, its central bank said on Friday, adding that evidence showed the denomination was not being commonly used for transactions. The notes will remain legal tender, but people will be asked to deposit and exchange them for smaller denominations between May 23 […]

India to withdraw 2,000-rupee notes from circulation
MUMBAI, May 19 (Reuters) – India will start withdrawing 2,000-rupee ($24.5) notes from circulation, its central bank said on Friday, adding that evidence showed the denomination was not being commonly used for transactions. The notes will remain legal tender, but people will be asked to deposit and exchange them for smaller denominations between May 23 […]