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Demonetisation Essay & Articles In English 2019 Currency & Economic Impact
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Short essay examples on demonetization of currency with article & speech included. Demonetisation in india essay analysis inc. titles, topics, introduction, conclusion, thoughts & more.
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Demonetisation Essay

Demonetization is the act of stripping a currency unit of its status as legal tender. It occurs whenever there is a change of national currency: The current form or forms of money is pulled from circulation and retired, often to be replaced with new notes or coins. Sometimes, a country completely replaces the old currency with new currency.

The opposite of demonetization is remonetization, in which a form of payment is restored as legal tender.

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