Question: “The prevailing opinion is the 1 to 1 exchange rate…Is this 20k note to throw us off of that?” Not to throw you off. I believe it’s simply to make their mathematics simpler for the banks…Having more denominations is like having more tools in your toolbox…This to me is just another GOOD sign that progress is being made and the CBI is preparing themselves. The IMF refers to this as “binary-decimal triplets”. 1, 5, 10……20, 50, 100 etc….The CBI is filling in the missing links…
