Sentences with phrase «large denomination notes»
The government's demonetization drive and recent abolishment of large denomination notes has created a craze for bitcoin, which investors are now purchasing at a premium price currently hovering at around $ 810 (55,000 INR) per bitcoin: a +4 percent difference compared to Bitstamp's current $ 777 price.
https://bitcoinmagazine.com/
The country slid into poverty with rampant inflation and the central bank had to produce large denomination notes so that people could pay for basic necessities.
After declaring large denomination notes illegal, India now targets gold.
The controversial move to replace large denomination notes is designed to bring billions of dollars» worth of «black money» cash into the formal economy.
The introduction of the demonetization scheme will prove to be a nightmare for major black money holders as the crores of rupees stored by them (mainly in the form of larger denomination notes i: e; 500 Rupees and 1000 Rupees) will render useless.
Not exact matches
His recent book The Curse of Cash: How Large - Denomination Notes Aid Crime and Tax Evasion and Constrain Monetary Policy (paperback, July 2017.)
Mohler, who leads the flagship school of the Southern Baptist Convention - the nation's largest evangelical denomination - took to his blog Tuesday to defend himself amid the controversy, noting that his tweet «never mentioned Judaism.»
Paying for your room is a great opportunity to cash those large - denomination notes from the ATM that you'll have trouble breaking on the street!
Carpe Fleet will accept euro payments, Do ensure you have smaller denominations handy as larger notes can be difficult to use.