RBI clarifies no change in present Indian forex and banknotes

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There will not be any change within the present Indian forex and the banknotes Reserve Financial institution of India mentioned.

“There are experiences in sure sections of the media that the Reserve

is contemplating adjustments to the prevailing forex and banknotes by changing the face of Mahatma Gandhi with that of others. It might famous that there isn’t a such proposal within the Reserve Financial institution,” the RBI clarified.

In line with some sources, the finance ministry and the Reserve Financial institution of India have been considering utilizing the faces of different famend Indians, reminiscent of Rabindranath Tagore and APJ Abdul Kalam, on banknotes of varied values.

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