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Inflation Gains Currency

September 25, 2011 4 Comments


wealthymatters.comThese figures are from the ET article Inflation Gains Currency & How!Dated Sept,2011

1.) For the first time India will print as many new 1000 rs notes as 500

2.)For the first time,in value terms,the 1000 rupee notes will account for more money than 500 notes which were the mainstay of high value transactions for some time.

3. )2,000 million i.e. double the number of 100o rupees notes printer last year are to be printed this year. Read more of this post

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Filed under Paper Assets, Tidbits, Tool Kit Tagged with 100 rupee note, 1000 rupee coin, 10000 rupee note, 100o rupee note, 50 rupee note, 500 rupee note, 5000 rupee note, Inflation, postaday2011, RandomBlog2011

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