Indian Rupees Are Now Back at All CXI Locations

Which denominations of Indian rupees can I buy?

CXI will only be able to provide the new 500 and new 2,000 rupee banknotes as shown below to start. Sourcing other denominations are limited on the global market. 

500 and 2000 Rupees Banknotes Security Features

10 Indian rupees (INR)) front and back

20 Indian rupees (INR) front and back

50 Indian rupees (INR) front and back

100 Indian rupees (INR) front and back

200 Indian rupees (INR) front and back

500 Indian rupees (INR) front and back

2000 Indian rupees (INR) front and back

Why was it hard to exchange the Indian rupee?

The decision of the prime minister was made to effectively help stop counterfeit currency and corruption. "Black money and corruption are the biggest obstacles in eradicating poverty," Modi said in his address to the nation.

This made 86 percent of India's currency considered no longer valid. Since then, it was replaced with a Mahatma Gandhi new series.

On Saturday, March 11, 2017 confidence was restored back into the Indian economy after Modi's Bharatiya Janata Party (BJP) party won the majority of seats in the election by a landslide. This turn of events caused the Indian rupee to gain its strength once again.

What features do the new INR 500 and 2000 notes contain? 

Front

• Mahatma Gandhi portrait and electrotype watermarks.

• Guarantee clause, Governor’s signature with Promise Clause and RBI emblem towards right.

• Number panel with numerals growing from small to big on the top left side and bottom right side.

• Denominational numeral with Rupee Symbol, in green to blue color-changing ink.

  Reverse

  • Color shift windowed security thread with inscriptions ‘भारत’, RBI and denominational numeral. The color of the thread changes from green to blue when the note is tilted.

  • Ashoka Pillar emblem on the right

  • Year of printing of the note on the left

  • Language panel towards the center

     

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