Highlights. As we know, the Rs 500 and Rs 1,000 notes have been cancelled as legal tender, to be replaced by other notes and designs. He announced a number of safeguards to ensure n one The current notes of Rs 500 and Rs 1000 will no longer be valid from November 8 midnight, Prime Minister Narendra Modi announced in a televised address to the nation. Shop with confidence. 1,000 ceased to be legal tender from midnight on Tuesday. This was one of the boldest mov . India's PM says existing 500 and 1,000 rupee banknotes will be withdrawn from the financial system overnight. New Delhi: The Reserve Bank of India on Monday said banks have received 5. Indian Prime Minister Narendra Modi has ordered the withdrawal of 500 and 1,000-rupee bank notes from circulation on Tuesday in a shock announcement designed to The demonetisation of ₹500 and ₹1,000 banknotes was a policy enacted by the Government of India on 8 November 2016, ceasing the usage of all ₹ 500 (US. Find great deals on eBay for 500 1000 dollar bills. 500 and Rs. To stop the spread of counterfeit notes, the government has decided to scrap the 500 and 1,000 rupee notes, Prime Minister Narendra Modi said. Prime Minister Narendra Modi announced this in a surprise address to From the social media to the news headlines, “500 and 1000 notes discontinued”, “500 and 1000 notes banned” was the buzzword since the evening of 8th November. He Rs 500, Rs 1000 currency notes stand abolished from midnight: PM Modi PM Narendra Modi move will take on corruption, terrorism, black money weakening the nation. Tim Worstall Contributor. Rs 500 and Rs 1000 notes to be pulled from circulation immediately, PM Modi announced. Remaining 500 and 1000 Rs notes can be exchanged at banks and a few government institutions over next few months in a manner that they can be tracked to source of Nov 07, 2016 · Currency of Rs. Today, these notes will 500 and 1000 Rs Currency Notes Banned in India - How to Exchange Old Currency ? 500 Rs and 1000 Rs Notes Banned in India – Why & Reason to Ban 500 & 1000 Rupees India’s prime minister, Narendra Modi, has announced that 500 and 1,000 rupee notes are to be taken out of circulation, in a move expected to plunge the the country Prime Minister Narendra Modi announced on Tuesday the abolition of all 1000 and 500 rupees bank notes from midnight Tuesday, a dramatic move aimed at In a major step to check black money, the government on Tuesday discontinued Rs 500 and 1000 currency notes. 45 trillion rupees or 80 billion dollars in 500 and 1,000 rupee notes from November 10 to 18 Nov 07, 2016 · In a surprise move, Indian Prime Minister Narendra Modi announced that the country is taking all existing 500 and 1,000 rupee notes out of circulation. The announcement in this regard was made by Prime PM Narendra Modi on Tuesday announced that 500 and 1000 rupee notes will be demonetised, and a new 2000 rupee note will be introduced. 40) and In one of the historical reforms of the economy of India, Rs 500 and Rs 1,000 notes were banned effective Tuesday midnight

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