Monday, May 8, 2017

Indians Turn “Black Money” Into Gold

Many Indians have thwarted a government policy to bring the underground economy out of the shadows by converting their “black money” into gold. Last fall, the Indian government announced a surprise demonetization policy meant to drive so-called black money out of the shadows, declaring current 1,000 and 500 rupee notes would no longer be valid. […]

Indians Turn “Black Money” Into Gold


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