+- Twitist Forums (http://twitist.com)
+-- Forum: General Social Media & Marketing Forums (/forum-8.html)
+--- Forum: Social Marketing (/forum-10.html)
+--- Thread: what about coins made before 2005, that will be valid OR has to be changed like notes? (/thread-98843.html)
what about coins made before 2005, that will be valid OR has to be changed like notes? - Seema - 02-19-2014 12:37 PM
Old Coins made before 2005 will be valid for market OR these has also to be exchanged from Bank in the given time frame
- shrikanth - 02-19-2014 12:43 PM
No information about coins exchange, so it should continue as such as a valid tender.
- rajagopalan a - 02-19-2014 12:51 PM
RBI has issued notice only for currency notes . It is because, notes printed prior to 2005 did not contain several security features of the notes printed after 2005. This withdrawal of earlier notes is to have control over counterfeiting and introduction of fake currencies in circulation by anti social elements. Fortunately we don't have fake coins in circulation.
A. Rajagopalan