Faced With New Round of Demonetization Indians Turn to Gold
by Peter Schiff, Schiff Gold: The Indian central bank has announced another round of demonetization with a plan to withdraw 2,000-rupee notes from circulation. The announcement led to a big jump in gold bullion sales. The 2,000-rupee note will remain legal tender, but they will have to be deposited or exchanged for smaller denominations by Sept. 30. […]
Source: https://www.sgtreport.com/2023/05/faced-with-new-round-of-demonetization-indians-turn-to-gold/
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