Latest update: Summary – information regarding the withdrawal of existing 500 and 1,000 Rupee banknotes is being updated regularly; see the Reserve Bank of India FAQs; banks reopened on 10 November and will exchange these notes for lower denominations up to a limit of Rs 2,000 per day until further notice; if you’re exchanging money at a bank, take photo ID along with a copy of it and expect long queues; some ATMs are operational but withdrawals are limited to 2,500 Rupees per card, per day until further notice; foreign tourists will be able to exchange foreign currency or old notes of not more than 5000 Rupees into legal tender until 24 November; new 500 and 2,000 rupee notes are now in circulation and will be issued to replace the withdrawn notes; until then, if you’re exchanging money don’t accept any denomination higher than 100 rupees; if you have debit or credit cards, use them instead of cash where possible
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