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The Reserve Bank was fully prepared to deal with currency shortages post demonetisation and has enough currency in its chests to last “far beyond” December 30, Finance Minister Arun Jaitley said today.
“There was full preparedness. There was not a single day when RBI had not released adequate currency to banks. There was a certain level of currency that was to be released and there was full preparedness for it,” Jaitley told reporters.
He said RBI has maintained the stock of currency through advance as well as current printing level.
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