What is the value (in INR trillion) of Rs 2000 notes circulated at the end of March in the year 2021 ?

Key Points

• 4.9 trillion INR is the value of Rs 2000 notes circulated at the end of March in the year 2021.
• Rs 2000 notes were introduced by the Reserve Bank of India (RBI) post the demonetization of Rs 500 and Rs 1000 notes in November 2016.
• These notes play a significant role in the high-denomination currency circulation in India.
• The circulation value of Rs 2000 notes can reflect monetary policy decisions and cash flow in the economy.

Additional Information

• The Reserve Bank of India (RBI) manages the issuance and supply of the Indian rupee.
• Post-demonetization, the RBI introduced new currency notes of Rs 2000 and Rs 500 with enhanced security features.
• The introduction of Rs 2000 notes was aimed at replenishing the currency in circulation quickly and to curb black money and counterfeit currency.
• Over time, the RBI has been recalibrating the currency mix to ensure ease of transactions and to manage inflation.
• The value and volume of Rs 2000 notes in circulation are periodically reviewed and reported by the RBI in its annual reports.