The printing of Rs 2000 notes introduced post the demonetisation of Rs 500 and Rs 1000 notes has been reduced to the “minimum”. The Reserve Bank of India (RBI) has reduced the printing of Rs 2000 notes and the government along with RBI from time to time decides the quantum of currency to be printed, a finance ministry official told PTI on Thursday.
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When the Rs 2000 note was launched, it was decided that the printing would be “scaled down” going forward, since the new high currency value note was meant for meeting the remonetisation need.