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Economist Ved Jain on why RBI has withdrawn circulation of Rs 2,000 notes

May 20, 2023, 11:41AM ISTSource: TOI.in

The RBI on Friday evening announced withdrawal of Rs 2,000 currency notes from circulation and said existing notes in circulation can either be deposited in bank accounts or exchanged by September 30. Economist Ved Jain explains why RBI has decided to scrap its Rs 2,000 notes.

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