HALISTER1: India Scraps INR500, INR1,000 Currency Notes in Corruption Fight

India Scraps INR500, INR1,000 Currency Notes in Corruption Fight

(Bloomberg) -- Rupee with denomination of 500 and 1,000 will cease to be legal tender from Nov. 8, Prime Minister Narendra Modi says in address to nation.
  • Decision to fight corruption and money laundering
  • Old currency notes can be surrendered to bank until Dec. 31
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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Narendra Modi (Republic of India)

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