The demonetization was however extended until April 1, 2017 after the Bangko Sentral ng Pilipinas approved the extension due to public clamor.
22.
As the cash shortages grew in the weeks following the move, the demonetization was heavily criticised by prominent economists and by world media.
23.
Several historians believe the reason for the demonetization was an obsession with astrology and numerology by Gen . Ne Win, the military ruler at the time.
24.
It legally formalized the free-floating acceptance and gold demonetization achieved by the Jamaica Agreement, and required members to support stable exchange rates through macroeconomic policy.
25.
On 16 December 2016, Patwari and 30 protesters were arrested for attempting to sell potatoes at Rajwada for free without permission to farmers who were affected by demonetization.
26.
The release date was almost postponed following the demonetization of the said currencies as it would have caused hindrance and limit the purchase of tickets by patron's.
27.
In 2003, rumours of another pending demonetisation swept through the country, resulting in the junta issuing official denials, but this time, the demonetization did not materialise.
28.
If the demonetization of gold continues, the price is likely to keep falling as central-bank sales more than offset any increase in demand from jewelers or industrial users.
29.
On 8 November 2016 Prime Minister Narendra Modi announced the demonetization of ?500 and ?1000 banknotes of the Mahatma Gandhi Series, with a detailed step-down program.
30.
The " Stonewall " Five-Dollar Gold Coin was used from early in Confederate history until after the Great War, when hyperinflation resulted in the demonetization of Confederate currency.
