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Business News » World News

RBI says got back almost all of banned currency notes

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Updated: Wed, Aug 30, 2017
05:53 pm
Reuters
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Indians returned almost all of the estimated 15.4-15.5 trillion rupees ($242.13 billion) in high-currency bills removed from circulation in a shock move late last year, the Reserve Bank of India said in its annual report out on Wednesday.

India received a total of 15.28 trillion rupees in banned 500- and 1,000-rupee currency bills, according to RBI.

($1 = 64.0150 Indian rupees)

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)

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