Printing of small currency notes stopped

By Staff
|
Google Oneindia News


New Delhi, Nov 24: Printing of small denomination currency notes of Re 1, Rs 2 and Rs 5 has been stopped and instead these denominations have been coinised in view of the lesser circulation life of notes.

However, Reserve Bank said currency notes of these small denominations already in circulation have not been withdrawn and these continue to be valid tenders.

There is no shortage of coins of these denominations in the market, it added.


UNI

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