 "Currency in circulation shows rise after 9 weeks of fall")
For the first time after the decision announced on November 8 to demonetise high value notes, currency in circulation has showed net rise in a week.
In this case, the week ended Friday, January 13, with RBI pumping more and more high of value notes back in the system. Going by the pace, almost 80 per cent of the demonetised currency is expected to be replaced by end-February.
On the night of November 8, the government cancelled Rs 500 and Rs 1,000 notes as legal tender, removing about 86 per cent of whatever was in circulation.
The latest week's rise
