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PIB debunks fake claims about RBI allowing exchange of discontinued currency

The Press Information Bureau (PIB) has debunked viral claims that the Reserve Bank of India (RBI) introduced new rules to exchange discontinued currency, confirming no such announcement and urging reliance on official sources

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RBI has not allowed exchange of old notes, clarifies PIB. Representational Pic

RBI has not allowed exchange of old notes, clarifies PIB. Representational Pic

The fact-checking unit of the Press Information Bureau (PIB) has dismissed reports circulating online, which claimed that the Reserve Bank of India (RBI) has introduced new guidelines permitting the exchange of discontinued currency. 

The fact-checking unit dismissed these claims as fake, clarifying that the RBI has made no such announcement.

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