Why was September 30, not July 31 or August, the last date for exchanging Rs 2,000 notes?

Why was September 30, not July 31 or August, the last date for exchanging Rs 2,000 notes?


The Governor said that the purpose of issuing 2000 rupee note of RBI has been fulfilled. He said that there are enough notes of other denominations available in the market, there will be no problem in exchanging.

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