Search: denomination
RBA Glossary definition for denomination
denomination – The face value of a currency item: may be notes or coin.
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Domestic Financial Markets
10 May 2010
SMP
– May 2010
About two-thirds of this total was issued in foreign currency, mainly US dollars, but also in eight other denominations.
https://www.rba.gov.au/publications/smp/2010/may/dom-fin-mkts.html
Box A: The Recent Economic Slowdown in India
6 Feb 2020
SMP
– February 2020
So far, however, any turnaround appears modest. Endnotes. In 2016, the government of India withdrew the legal tender status of the country's two highest denomination banknotes.
https://www.rba.gov.au/publications/smp/2020/feb/box-a-the-recent-economic-slowdown-in-india.html
International Economic Developments
15 May 2017
SMP
– May 2017
In November 2016, the Indian Government replaced its two highest-denomination banknotes in an effort to combat counterfeiting and the use of ‘black money’.
https://www.rba.gov.au/publications/smp/2017/may/international-economic-developments.html
International and Foreign Exchange Markets
15 Feb 2017
SMP
– February 2017
One exception has been in India, where local-currency government bond yields have declined since the government announced that the country's two highest denomination banknotes would cease to be legal
https://www.rba.gov.au/publications/smp/2017/feb/international-and-foreign-exchange-markets.html