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Indian rupee notes cancelled.

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Just a heads-up for anyone planning a trip to India and thinking of buying currency in advance: the high-value notes (Rs500 and Rs1,000) have been cancelled, so if you buy any of these you will not be able to spend them there.
More generally: the banks will be exchanging these notes for people, and so will be even more busy than usual. Visitors should ensure that they can get currency from ATMs, since the hassle involved in changing money in banks will be even greater than usual.
More generally: the banks will be exchanging these notes for people, and so will be even more busy than usual. Visitors should ensure that they can get currency from ATMs, since the hassle involved in changing money in banks will be even greater than usual.
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Cheers anyway.
Apparently, there will be a limit on how much you can draw from ATMs.
From a TA post:
https://www.sbiuk.com/footer/top-footer/contact-us
As I said earlier, check out the threads on the Goa TA board.
People queuing for hours, restaurants rounding the bills up to the nearest 500 rupee to conserve their change, change places offereing 80+ rps to £ if you take the old notes but only 40+ if you want 100 rp notes.
al266 - you may have to kiss goodbye to your 18k rps if they are the old 500 & 1000 notes.
Does anyone know what the UK equivalent of these notes would be in cost of living terms? I'm just interested and can't face trawling the net.
Not quite the same here but there have been rumours that the £50 note could go and of course the 500 euro note is of no use to anybody in UK.