![Currency in circulation during Diwali dips 2nd time straight in 20 yrs](https://images.assettype.com/fortuneindia%2F2023-11%2F141b4302-a49b-4ca4-a89e-4ac16753bfbf%2FGettyImages_1790154742.jpg?w=300&q=95)
Currency in circulation during Diwali dips 2nd time straight in 20 yrs
Dip attributed to changing payment system, including the emergence of UPI, wallets & QR code, which has made it simple and cheaper to transfer money digitally
Dip attributed to changing payment system, including the emergence of UPI, wallets & QR code, which has made it simple and cheaper to transfer money digitally
The value of ₹2000 banknotes in circulation is ₹0.84 lakh cr, and percentage of ₹2,000 in total banknotes in circulation is 2.51%, says the minister