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id=”mod_42692734″>Demonetization in India The decision of demonetization of Currency notes of Rupees 500 (US$7.40) and Rs. 1,000 (US$15) denomination was taken by the Government of India on 8th November 2016. These paper currency banknotes of the Mahatma Gandhi Series have thus ceased to be the legal tender in India. This accounted for 86% of the … Read more