demonetise Synonyms

No Synonyms and anytonyms found

demonetise Meaning

Wordnet

demonetise (v)

deprive of value for payment

demonetise Sentence Examples

1. The government decided to demonetise the high-denomination currency notes to combat corruption.
2. The announcement to demonetise certain currency denominations caused widespread panic among the public.
3. The Central Bank issued a directive to demonetise the outdated banknotes to streamline the currency system.
4. The decision to demonetise the currency was met with mixed reactions from economists and financial experts.
5. The process to demonetise the old coins and notes was expected to take several weeks to complete.
6. Citizens rushed to banks to exchange their old currency before it was demonetised.
7. The government faced criticism for its sudden move to demonetise the currency without proper planning.
8. Many businesses struggled to adapt to the changes brought about by the decision to demonetise certain denominations.
9. The decision to demonetise the currency was aimed at curbing illegal activities such as money laundering and counterfeiting.
10. The Prime Minister defended the decision to demonetise the currency, stating that it was necessary for the country's economic progress.

FAQs About the word demonetise

What is the meaning of the word demonetise

deprive of value for payment

What are the synonyms of the word demonetise

No synonyms found.

What are the antonyms of the word demonetise

No antonyms found.

What is the usage of word demonetise

The government decided to demonetise the high-denomination currency notes to combat corruption.

The announcement to demonetise certain currency denominations caused widespread panic among the public.

How to use the word demonetise in a sentence?

The Central Bank issued a directive to demonetise the outdated banknotes to streamline the currency system.

The decision to demonetise the currency was met with mixed reactions from economists and financial experts.