remonetization Antonyms
No Synonyms and anytonyms found
Meaning of remonetization
Webster
remonetization (n.)
The act of remonetizing.
remonetization Sentence Examples
- The government initiated remonetization efforts to replace damaged or obsolete currency notes.
- The introduction of the new currency aimed to eliminate counterfeit notes and enhance the security of remonetization.
- The central bank implemented stringent measures to prevent illegal activities during the remonetization process.
- The public faced challenges in exchanging old notes for new ones, leading to long queues and inconvenience.
- The remonetization drive faced criticism for causing temporary disruptions in economic activities.
- The government coordinated with financial institutions to ensure the smooth distribution of new currency notes.
- Remonetization played a vital role in curbing the circulation of black money and promoting transparency in financial transactions.
- The central bank conducted workshops and awareness campaigns to educate citizens about the remonetization process.
- The remonetization initiative involved the withdrawal of high-denomination notes, which had been widely used in illicit activities.
- The successful implementation of remonetization enhanced the credibility of the central bank and strengthened the stability of the national currency.
FAQs About the word remonetization
The act of remonetizing.
No synonyms found.
No antonyms found.
The government initiated remonetization efforts to replace damaged or obsolete currency notes.
The introduction of the new currency aimed to eliminate counterfeit notes and enhance the security of remonetization.
The central bank implemented stringent measures to prevent illegal activities during the remonetization process.
The public faced challenges in exchanging old notes for new ones, leading to long queues and inconvenience.
