I am confused with the article though. What would have been a successful result? That the all canceled currencies wouldn't have been exchanged or deposited?
The wording is confusing at best:
" nearly 99% of the high-denomination currency notes of Rs 1,000 and Rs 500 that had been withdrawn on November 9, 2016"
My comprehension says all currencies withdrawn on the date - Nov 9, 2016, when demonetization was started has been returned.
I am confused with the article though. What would have been a successful result? That the all canceled currencies wouldn't have been exchanged or deposited?
I am reading this link: http://www.financialexpress.com/economy/all-rs-500-rs-1000-b...
The wording is confusing at best: " nearly 99% of the high-denomination currency notes of Rs 1,000 and Rs 500 that had been withdrawn on November 9, 2016"
My comprehension says all currencies withdrawn on the date - Nov 9, 2016, when demonetization was started has been returned.