Did markets already got a whiff of the announcement that government will take back Rs 500 and Rs 1,000 notes from the market.
From last 2-3 days pictures of new Rs 2,000 notes were being circulated on the social media. After withdrawing Rs 500 and Rs 1,000 notes, the Central government plans to introduce new series of Rs 2,000 notes this month. But by the way its pictures were already being circulated in the social media raises questions whether black marketers had the time to turn their black money either in gold or property or in extreme cases exchanged them for Rs 100 notes. However, economic affairs secretary Shaktikanta Das denied any such possibility.
“This announcement has been surprise,” said Mr Das.
However, he said that the RBI board had taken a decision to print Rs 2,000 notes many days back.
