Its an important day for US. Within few hours they are gonna get a new President. The whole world is pretty anxious to know the results, especially since the choices were very interesting this time 😉
But when media had already prepared and rehersed all the bytes and footage, something unexpected happened.
Every 500 and 1000 rupees notes got banned in India.
Declared tonight just after all the banks closed. And even tomorrow, with all banks closed to public transactions, its going to be a tough time.
Right now, it doesn’t matter how rich or poor you are.
Tonight, its a frenzy in every Indian house, searching for change.
I’ve been getting some pretty crazy WhatsApp messages every minute.
Its a moment of crisis. But a HILARIOUS one 😝
Till its exchanged from Reserve Bank of India within 50 days!
It was apparently done to stop fake notes and black money.
Some of the 500 rupees notes will be reissued again but the 1000 rupees notes were completely banned.
Instead 2000 rupees notes will be issued.
500 and 1000 rupees are very commonly used…..that is what most people have at their homes…..if suddenly it all becomes useless without any prior notice……its gonna cause a lot of chaos.
But fake notes were becoming a huge problem. All these black money was even used to fund all sort of violence.
A pretty drastic step but hopefully will bring good results.And surge the use of e-wallets.
A historic day…..for both US and India.
Best of luck to everyone affected by either of the events ☺
What a day!!