Fact check

No, RBI is not going to discontinue Rs 2000 currency notes; false message viral

A message which has spread like wild fire on social media and WhatsApp, states that the Reserve Bank of India is all set to discontinue the Rs 2000 currency note. This message is posted below.

Posting as received…
*Central Reserve Bank of India*
Releasing new
Rs.1000/- notes on
1st January 2020.

*Reserve Bank taking back all the Rs.2000/- notes.*

You can only exchange Rs.50,000/- in 10 days. So, kindly start changing your 2000/- notes immediately.

*After 10th October 2019 you cannot change your Rs.2000 notes.*

Several individual users on Facebook have posted this message, with identical text, on their timelines. It states that the Rs.2000 note will be withdrawn by the RBI and in its place, new Rs1000 currency note will be released on January 1, 2020. In addition, the message states that the RBI is taking back the existing Rs 2000 notes, but will only do so till October 10, after which it will not be possible to exchange the Rs 2000 notes.

The message has also been circulating on…


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