Cash taken out of system finds its way back in India2 min read 13 Apr 2020, 11:29 PM IST
The currency circulation to gross domestic product (GDP) ratio, a measure of the total cash going around in the financial system, touched 12% for the first time since the demonetization of ₹500 and ₹1,000 notes in November 2016. Mint takes a look.
How was the 12% figure arrived at?
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