FOX BIZ NEWS: Indian currency decree did little to root out 'black money'

Indian currency decree did little to root out 'black money'



Nearly all of the currency removed from circulation in a surprise 2016 attempt to root out illegal hoards of cash came back into the financial system, India's reserve bank has announced, indicating the move did little to slow the underground economy.

via FOX BUSINESS NEWS https://ift.tt/2PkAl2X