The increase in the demand of precious metals picked up as most of the medium and small shopkeepers have stopped accepting the Rs 2,000 note since RBI's surprise announcement on Friday.
Get latest articles and stories on Latest News at LatestLY. Petrol pumps in Kolkata claim that they have witnessed a 10-fold increase in payments using Rs 2,000 notes from people buying fuel since the RBI announced withdrawal of the high-value currency from circulation, officials said on Monday. Latest News | Kolkata Petrol Pumps See 10 Times Hike in Payments in Rs 2,000 Notes Since Withdrawal Announcement.
There is no panic buying as was witnessed in 2016 when currency notes of Rs 500 and Rs 1,000 denominations that were in circulation at that time were withdrawn overnight, says India Bullion and Jewellers Association chief
There is no panic buying as was witnessed in 2016 when currency notes of Rs 500 and Rs 1,000 denominations that were in circulation at that time were withdrawn overnight, says India Bullion and Jewellers Association chief