Currency News

After the company secured the contract through a global tender, a letter of intent was requested from them. The NRB has asked the company to design, print, supply, and deliver 300 million 100-rupee notes....

The yuan is experiencing a global rise. Data from the Society for Worldwide Interbank Financial Telecommunication (Swift) for March 2024 shows it has become the world's fourth-most-used currency in international payments (4.69%), surpassing the Japanese yen (4.13%). ...

This week marks the final chance for the people to deposit the ₹2000 denomination notes. According to the information, the Reserve Bank of India (RBI) while making the announcement said that the currency note will lose its worth after September 30, 2023. They will no more wi...

Reserve Bank Governor, Shaktikanta Das on Thursday during the Monetary Policy Committee meeting announced that almost ₹1.80 lakh crore have been deposited in the banks so far. The announcement for the withdrawal of the highest denomination was made last month. For which, Sep...

According to the guidelines issued by the Reserve Bank of India, the currency note of Rs 2000 can be exchanged at any nearest branch. Banks will have dedicated counters, where people can manage queues and enough inventory of lower denomination bank notes. However, some banks h...