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HomeNewsOpinionCould rising currency in circulation be a reason for the withdrawal of Rs 2000 notes?

Could rising currency in circulation be a reason for the withdrawal of Rs 2000 notes?

Banknotes in circulation are now 15.1 percent of money supply, compared to 13.7 percent in the September 2016 quarter

May 23, 2023 / 09:03 IST
despite the sharp rise in digital transactions, banknotes in circulation have been going up as a proportion of money supply
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