Indian banks begin exchanging withdrawn 2,000-rupee notes

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Indian banks begin exchanging withdrawn 2,000-rupee notes


On 8 November, Mr Modi gave solely 4 hours’ discover to announce that each one 500 and 1,000 rupee notes – successfully 86% of India’s money – would now not be legitimate. The two,000 rupee notes had been launched to shortly replenish the quantity forex in circulation after the transfer – termed “demonetisation” within the media.



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