Hype Around Cash-To-GDP Ratio Misses Critical Nuances
Indian rupee banknotes, including the now discontinued Rs 500 and Rs 1000 notes, photographed in April 2015. (Photograph: Dhiraj Singh/Bloomberg)

Hype Around Cash-To-GDP Ratio Misses Critical Nuances

BloombergQuintOpinion
After the currency exchange announcement of November 8, 2016, branded as demonetisation, economic analysis came out thick and fast. Over the following two weeks, as the currency exchange evolved in...
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