Latest update: Summary - existing 500 and 1,000 Rupee banknotes are being withdrawn from immediate circulation; from 10 to 24 November 2016, banks will exchange these notes for lower denominations up to a limit of Rs 4000 per transaction; if you’re exchanging money at a bank, take photo ID and expect long queues; arrangements will be made at international airports for arriving and departing passengers who have old 500 or 1,000 Rupee notes of not more than 5,000 Rupees; foreign tourists will be able to exchange foreign currency or old notes of not more than 5000 Rupees into legal tender; new 500 and 2,000 rupee notes will be issued to replace the withdrawn notes; until then, if you’re exchanging money don’t accept any denomination higher than 100 rupees
Continue reading...
Continue reading...