Circulation of New Rs 200 Notes to start soon

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Finance

Reserve Bank of India is poised to release the newly designed and printed denomination of Rs 200 and Rs 50 notes in the days to come. The release date of Rs. 50 denomination is still unclear however Rs 200 note is expected into the circulation by the coming Friday. The circulations of new currency denominations are likely to ease the strain in market due to cash crunch. Union government has already given its nod to the Reserve Bank of India to release the new currency note. It is will be sigh of relief to people and trading community who are facing circulation difficult due to change for higher currency notes like Rs. 2000 and Rs. 500. The base color of the Rs. 200 note is bright yellow with dimension as 66 mm X 146 mm as per the official statement from Reserve Bank of India.

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