The use of India’s ₹2000 (rupee) denomination bank notes is nose diving. On the surface this may appear to be strange, considering it is the highest denomination bank note in circulation. The exchange rate was ₹2,000 to $25.78 at the time this article was being written.
The ₹2000 bank note denomination was issued for the first time in November 2016 following the demonetization of Reserve
