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HomePersonal FinanceIndian Currency: New update! Will 500 and 1000 notes run again? RBI...

Indian Currency: New update! Will 500 and 1000 notes run again? RBI gave information

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A few years ago, the government had banned 500 and 1000 notes and plans are being made to reintroduce these notes, what is the plan of RBI, let’s know


After the note distribution across the country, many types of news are coming out regarding the notes of 500 and 1000 rupees. If you too had not changed the notes of 500 and 1000 rupees at that time, then now you have another chance… Big information is coming out from RBI (Reserve bank of India). Do you still have old notes at home? If yes, then let’s know what the government has talked about.

A letter from the Reserve Bank of India (RBI) is becoming increasingly viral on social media. In this letter, it is about changing the old notes of 500 and 1000 rupees. It has been claimed in the viral letter that the RBI has further extended the facility for foreign nationals to exchange Indian demonetised currency notes.

What is the truth

When this post was investigated, seeing the seriousness, the Fact Check team of Press Information Bureau (PIB Fact Check) investigated the matter and brought out its truth. PIB has fact-checked this viral post. PIB Fact Check said, the claim of extending the facility of exchange of old notes of 500-1000 for foreign nationals is fake.

Tweeting about this claim going viral on social media, he said that the facility for foreign nationals to exchange Indian demonetised currency notes has ended in 2017. No such order has been issued regarding the exchange of 500 and 1000 notes.

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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