Another 200 billion rupees printed!

Date:

202 billion worth of currency was been printed on the 29th. This is the first time money has been printed since October 14th.

With this 202 billion, the total value of banknotes printed in 2021 is 825 billion rupees.

Opposition political groups, as well as economic experts, accuse the rupee of depreciating sharply in the face of continuous printing. However, the only option left for the government to cover the expenses in the country is to print money.

Share post:

spot_imgspot_img

Popular

More like this
Related

The Importance of Personal Data Protection in the Digital Age

Nalinda Indatissa, President's Counsel In today’s digital world, personal data...

Blue Diamonds Seeks Lifeline amid Investor and Compliance Challenges

Blue Diamonds Jewellery Worldwide PLC is attempting to chart...

Tax Windfall Masks Deeper Shifts in Vehicle Consumption

Beyond the headline figures of revenue windfalls and rising...

Government Rolls Out Massive Credit Lifeline for MSMEs

In the aftermath of Cyclone Ditwah, the Government has...