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RBI launches New Digital Currency in India, in 2022, with an aim to provide an alternative to physical cash & develop the next-generation financial system of India.

Mumbai-based CMS Info Systems Limited is one of the largest ATM cash management companies worldwide going by the number of ATM points as of March 31, 2021. For the financial year 2020-21, the total value of the currency passing through all of their ATM and retail cash management businesses amounted to ₹9.2 lakh crores. The company is engaged in installing, maintaining, and managing assets and technology solutions for banks, financial institutions, organized retail and e-commerce companies in India under long-term contracts.

With rupee weakening against dollar Gold on the MCX is exhibiting a flat trend. Indian currency dropped by 23 paise to 53.10 against the dollar in early trade on Thursday.

The rupee fell by 24 paise to 53.80 against the dollar in early trade on Monday at the Interbank Foreign Exchange on month-end demand for the American currency from oil importers.