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8 Countries that failed their demonetization move
PM Narendra Modi`s surprise masterstroke on Indian economy to invalidate around 86 per cent of the value of rupees in circulation has left common man bewildered. There is a situation of chaos running in the country with millions having a hard time to figure out what to do with their Rs 500 and Rs 1,000 notes. India is not the first country to have introduced demonetization. Here are a few failed attempts at demonetization of other countries that happened in the past.
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