Indians begin exchanging currency notes of 2,000 denomination

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Indians begin exchanging currency notes of 2,000 denomination

STORY: Indians begin exchanging currency notes of 2,000 denomination DATELINE: May 24, 2023 LENGTH: 0:01:38 LOCATION: New Delhi CATEGORY: ECONOMY SHOTLIST: 1. various of India gate 2. various of banks and street views in India STORYLINE: The process of exchanging the currency notes of 2,000 (Indian Rupees) denomination began on Tuesday across India after the country's central bank announced the withdrawal of the highest-value currency notes from circulation. Last week, the Reserve Bank of India (RBI) said that the currency notes of the 2,000 denomination shall be withdrawn after Sept. 30, and thereafter they will not be legal tender. Not much rush was seen in front of the banks on Tuesday, as RBI Governor Shaktikanta Das announced on Monday that there were enough currency notes available in the country's banking system for exchange. Individuals have been given the option of exchanging a maximum of 10 notes of 2,000 denominations every day with currency notes of other denominations at any bank.

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