2k Notes: Almost 40% of total 1.8 L cr is back in circulation https://ift.tt/YUwbihg 40% of the total Rs 1.8 lakh crore worth of Rs. 2,000 denomination currency has returned to the market in the form of Rs. 500, Rs 200, Rs 100 currency notes, while the remaining is staying put in the banking system. The currency with the public fell by Rs 83,242 crore during the fortnight ended June 02. The central bank's move to withdraw the Rs 2,000 currency note has added to the surplus liquidity in the system, which is estimated at close to Rs 1 lakh crore, according to analysts.
Friday, June 16, 2023
2k Notes: Almost 40% of total 1.8 L cr is back in circulation
Subscribe to:
Post Comments (Atom)
-
BEIJING: A container port in China's eastern marine hub Ningbo has suspended operation after a member of staff tested positive for COVID...
-
NSE IFSC-SGX Connect may be fully operational by June https://ift.tt/XC89Iks this connectivity, global investors who are clients of SGX will...
-
Cryptocurrency, or "crypto" or "tokens", is all the rage right now. People are buying and using cryptos for varied purpo...
No comments:
Post a Comment