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How is ban on 500 and 1000 rupee notes affecting foreign exchange rate?
Can you tell me how the ban on 500 and 1000 rupee notes is affecting the foreign exchange rate?
The ban on 500 and 1000 rupee notes is likely to have an impact on the foreign exchange rate as it will decrease the amount of cash available in the economy, which could lead to reduced spending and economic activity, including international trade.