2000 Rupee news and trends

Indian Currency: No More 500- or 1,000-Rupee Notes

November 08, 2016
500 Rupee and 1,000 Rupee notes eliminated
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Indian Currency: No More 500- or 1,000-Rupee Notes

November 08, 2016
And just like that, two swaths of Indian currency are gone. Prime Minister Narendra Modi has announced that the country’s 500-rupee and 1,000-rupee banknotes are no more, on the outs, and are being taken out of circulation. As reported by the BBC, taking those notes out of the financial system represents an effort to stymie fraud […]