Indian Rupee To Have A Re-Run As Reserve Bank Of India Plans New Currency Notes

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Indian Rupee To Have A Re-Run As Reserve Bank Of India Plans New Currency Notes
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Reserve Bank of India will introduce currency notes of Rs 200-denomination soon, according to Economic Times. 

The RBI's proposed move comes at a time when economists from across the world have predicted that government's demonitisation move may not bring the desired result for Indian economy.

Have a look at RBI's plans.

Reserve Bank Of India is planning to introduce currency notes of  Rs 200.

Reserve Bank Of India is planning to introduce currency notes of  Rs 200.

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As per reports, Central Bank took decision to this effect at a meeting held last month. 

As per reports, Central Bank took decision to this effect at a meeting held last month. 
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Many of the websites have published this...

Many of the websites have published this...
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"The process of printing the new currency notes of Rs 200 denominations is likely to begin after June, once the government officially approves this new denomination."

Source 

Last month, RBI said it planned to introduce plastic notes of Rs 10. This is because RBI thinks plastic notes are more durable.

Last month, RBI said it planned to introduce plastic notes of Rs 10. This is because RBI thinks plastic notes are more durable.
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...as it is believed that plastic notes last longer than cotton substrate based notes.

This will be the second new denomination of Indian currency notes which RBI will introduce after introducing currency notes Rs 2,000 last year.

This will be the second new denomination of Indian currency notes which RBI will introduce after introducing currency notes Rs 2,000 last year.
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Though, RBI rejected the introduction of the new notes of Rs 1,000 denomination in the past...

Though, RBI rejected the introduction of the new notes of Rs 1,000 denomination in the past...
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...some claimed that new 1,000-rupee notes with enhanced security features may also be introduced.


You can read more about it here. 

If this happens, can we expect ATMs to shut down again temporarily, as the introduction of the new currency may require another software update

If this happens, can we expect ATMs to shut down again temporarily, as the introduction of the new currency may require another software update
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Will currency notes with updated security features improve Indian economy?