According to reports, Rs 200 notes will help bridge the gap between Rs 100 and Rs 500 notes and the RBI believes that they will become a 'very popular' denomination.
This is the fourth new note that be circulated in less than a year. Last week, the central bank disclosed the new-look of Rs 50 note, providing details of the new security highlights. The old 50-rupee note, however, will continue to exist.
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