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What will happen to the value of the rupee because of the invalidity of 500 and 1000 rupee notes?
I was wondering what your thoughts are on the invalidity of 500 and 1000 rupee notes in India and how it will impact the value of the rupee.
The invalidity of these notes is predicted to have short-term negative effects on the economy and the value of the rupee in the short term. However, in the long run, it may help address issues related to corruption and black money and ultimately help stabilize the rupee's value.