Indian banknotes are more than just currency; they are a reflection of the country’s rich culture, history, and heritage.
Dec 8 (Reuters) - Indian prime minister Narendra Modi announced a shock move on Nov. 8 to ditch 500 and 1,000 rupee notes - worth a combined $256 billion - that he said were fuelling corruption, being ...
HONG KONG/SINGAPORE (Reuters) - India's shock move on Tuesday to withdraw large denomination bank notes from circulation to fight corruption and tax evasion has left some overseas citizens high and ...
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Nepal lifts 10-year ban on high value Indian currency notes
Under the revised provision, both Nepali and Indian citizens may bring the higher denomination bank notes into Nepal from India or carry them to India.
India is withdrawing its highest value currency notes of Rs 2,000 (£19.4) from public circulation, the country’s central Reserve Bank of India announced on Friday but added that the denomination will ...
You are able to gift 5 more articles this month. Anyone can access the link you share with no account required. Learn more. A TAXI DRIVER, center, pleads in front of a gas station attendant to accept ...
You may have heard of the demonetization of bank notes in India. That means the country has officially withdrawn recognition of the validity of certain currency denominations. The move was undertaken ...
Individuals can hold Indian banknotes of ₹200 and ₹500 up to a maximum limit of ₹25,000 per person. The decision was made during a cabinet meeting on December 15, according to cabinet sources.
ON NOVEMBER 8th 2016, Narendra Modi, India’s prime minister, stunned its 1.3bn people by announcing that most banknotes would soon become worthless. Indians then queued for weeks on end to exchange or ...
Well, that didn't take long, did it? We're only four months into demonetisation and good quality, but not perfect, fake Rs 2,000 banknotes are being reported in India. That they are reported to ...
WHEN Narendra Modi, India’s prime minister, announced the shock recall of high-denomination banknotes on November 8th, economists hailed the move as strong but necessary medicine. The overnight ...
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