India received $184 billion of old, invalid notes so far, RBI says

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Reuters MUMBAI
Last Updated : Dec 13 2016 | 4:57 PM IST

MUMBAI (Reuters) - Indian banks received 12.44 trillion rupees ($184.24 billion) of old, high-value currency notes that were abolished by the government last month, Reserve Bank of India Deputy Governor R Gandhi said in a brief media interaction on Tuesday.

The amount collected was received between Nov. 10 to Dec. 10, Gandhi added.

($1 = 67.5199 Indian rupees)

(Reporting by Suvashree Dey Choudhury; Additional reporting by Abhirup Roy and Devidutta Tripathy; Editing by Rafael Nam)

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First Published: Dec 13 2016 | 4:40 PM IST

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