RBI Withdraws Rs 2000 Currency Note from Circulation - World Eye News

The Reserve Bank of India (RBI) has announced that it will withdraw the

₹2000 note from circulation. The withdrawal will be effective from September 30, 2023.

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The RBI has said that the decision to withdraw the ₹2000 note is being taken in order to

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"curb counterfeiting and improve the circulation of currency notes".

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The central bank has also said that the ₹2000 note will continue to be legal tender until September 30, 2023,

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and that it can be exchanged at any bank or RBI office during this period.

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The withdrawal of the ₹2000 note has been met with mixed reactions. Some people have welcomed the move,

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saying that it will help to curb counterfeiting and make it easier to track the movement of money.

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Others have expressed concern that the withdrawal will inconvenience people and make it more difficult to make large payments.

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