Impact of ₹2,000 notes withdrawal: Currency-in-circulation growth dips to 3.7% in February
On May 19, 2023, RBI announced withdrawal of ₹2,000 denomination banknotes from circulation. File. | Photo Credit: R. RAGU The growth in currency in circulation decelerated to 3.7% for the week ended February 9 from 8.2% a year ago, reflecting the impact of the decision of the Reserve Bank of India (RBI) to withdraw ₹2,000…