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Demonetisation of Currency in India

Demonetisation of Currency in India

Last year, the Indian Prime Minister, Narendra Modi gave an unscheduled live televised address to the nation on November 8 at 8.15 pm. He suddenly announced that high denomination currency notes, all of 86% currency in current circulation, will no longer be legal tenders after midnight. The political circles and media went into a spin. […]

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