Tag Archive: Demonetization

• May-25-2023

  India – Informal market develops for soon to be demonetized Rp.2,000 banknotes.

  It has been reported that an informal market is developing for large amounts of “pink” 2,000 rupees banknotes (INR2,000.1) owned...

• May-21-2023

  India – No formalities required for banks to exchange up to 10 pieces of 2,000 rupees banknotes.

  The Reserve Bank of India instructed all financial institution to exchange without any formality up to 10 withdrawn 2,000 rupees...

• May-19-2023

  India – Banknotes of 2,000 rupees to be demonetized soon.

  The Reserve Bank of India announced today the withdrawal from circulation of their 2,000 rupees notes (INR2,000.1). These notes remain...

• Jan-2-2023

  India – Supreme Court ruled that 2016 demonetization of large banknotes is legal.

  By a 4-1 decision the Indian Supreme Court declared today 2 January that the demonetize of older notes of 500...