On May 19, the Reserve Bank of India announced that it was pulling out of circulation the country’s highest denomination currency, the 2,000 rupee note (worth $24.27 at today’s exchange rate). Unlike ...

The move to retire 2,000-rupee notes, worth $24, has triggered bad memories of a similar campaign in 2016. It has also left some businesses short of change. By Sameer Yasir and Mike Ives Sameer Yasir ...

(Reuters) India will withdraw its highest denomination currency note from circulation, the central bank said on Friday. The 2000-rupee note, introduced into circulation in 2016, will remain legal ...

NEW DELHI, June 21 (Reuters) - Amazon (AMZN.O), opens new tab said on Wednesday it will collect soon-to-be-withdrawn 2,000 rupee ($24) notes from customers in India and credit them to online wallets ...

MUMBAI, Sept 30 (Reuters) - The Reserve Bank of India (RBI) said on Saturday it would extend its deadline to return the country's highest denomination 2,000-rupee ($24) currency notes by a week to Oct ...

MUMBAI, March 1 (Reuters) - More than 97% of India's highest-denomination 2,000-rupee currency notes have been returned since they were withdrawn from circulation in May 2023, the Reserve Bank of ...

Introduced when the 500- and 1,000-rupee notes were demonetized in 2016, the 2,000-rupee note has now been pulled out of circulation.

Indians have been filing into gas stations, jewelry stores, fruit stands and any other businesses that still accept soon-to-be-withdrawn 2,000-rupee notes, each worth about $24. The race to spend ...