Rs 2,000 currency notes now 1.75% of total banknotes in circulation in 2021; Down from 3.27% in March 2018
Image Credit: Deccan herald
The number of Rs 2,000 currency notes in circulation has decreased to 223.3 crore pieces or 1.75 per cent of total notes in circulation in November this year, compared to 336.3 crore pieces in March 2018. Printing of banknotes of particular denomination is decided by the government in consultation with the Reserve Bank to maintain desired denomination mix for facilitating transactional demand of public, said Pankaj.