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India's top court upholds legality of 2016 currency ban

Por: Associated Press Business January 02, 2023

NEW DELHI (AP) — India’s top court said Monday that the government’s surprise decision in 2016 to demonetize high-value bills was legal and taken after consultation with India’s central bank.The five-judge constitution bench was hearing petitions challenging the currency ban that rendered 86% of India’s currency invalid without warning. They contended that the move was not a considered decision of the government and should be struck... + full article



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