The Reserve Bank of India has officially announced yesterday that the release to circulation of the new 50 rupees notes (INR50.7) is imminent, possibly next week. It seems that the release of new notes of 200 rupees (INR200.1) will also happen in the near future.
The main characteristics of the new 50 rupees notes are: windowed demetalized security thread with text, watermark of Mahatma Gandhi head and value in electrotype, and ascending serial numbers. Size: 135 x 66 mm.
There is a strong possibility that the new 200 rupees note will be issued very soon.
Sources: Reserve Bank of India, BusinessToday
Courtesy: Pieter Liem, Canada Currency Centre.
©2017 Monetary Research Institute
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