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No Fake Currency In Circulation After Note Ban

No Fake Currency In Circulation After Note Ban

Monday, January 23, 2017, 1:07 PM

Anil Bokil, founder of Pune-based think tank ArthaKranti, who was part of the team that claims to have suggested note ban to the government said, "No fake currency is in circulation in the system" after demonetization. He said the main reason for banning high value notes, was that the notes were not serving the intended purpose, but had turned into a hoardable commodity.
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