India stops over-the-counter exchange of old bills
India has discontinued its two largest rupee notes in a shocking move against corruption.
Mon Dec 05 2016
Money changers to stop buying, selling 500- and 1,000-rupee notes - MAMSB
It is in line with the Indian government's decision to abolish the these notes, which were no longer be legal tender from Nov 9, 2016.
Thu Nov 10 2016
Stocks slide, ATMs run dry after India rupee shock
Cash machines ran dry and stocks tumbled in India Wednesday after Prime Minister Narendra Modi ordered the withdrawal of 500 and 1,000 rupee notes from circulation.
Wed Nov 09 2016
India pulls 500, 1,000 rupee notes to fight graft
Indian Prime Minister Narendra Modi ordered the withdrawal of 500 and 1,000 rupee notes from circulation on Tuesday in a shock announcement designed to tackle widespread corruption and tax evasion.
Wed Nov 09 2016