Net reserve increased by 67 billion usd without the swap. If the tight policies continue and we tighten the belt on dumb spendings we might avoid having to issue big notes.
EU is phasing out 500 EURO notes and Denmark is phasing out 1000 DKK notes. To curb black money.
500 EURO is too big but I think we need at least 500 Lira notes,200 is too small.
Lira is almost same as Taiwan dollar now,They had 1000 and 2000 Taiwan Dollar notes.
We are almost 5 times bigger than Japanese yen,they had 10000 yen notes.
Of course,introduce 500 lira note now is not good for morale,maybe 1or 2year stable value time is needed
200 Lira cant even buy a meal set in restaurant now