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RBI Reports Currency Surge Hits Five-Year High

Finance

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RBI Reports Currency Surge Hits Five-Year High

Hold onto your wallets! The Reserve Bank of India just announced that currency in circulation has skyrocketed to a five-year high of ₹43.46 trillion! This surge is thanks to some savvy foreign currency deposits. But beware, as the RBI may tighten liquidity soon, making things a bit more interesting in the economy!