Originally Posted by
golmaale
I read this in an online version of an Indian newspaper today:
Finance minister Arun Jaitley and key ministry officials will go into a lockdown in the first week of January for budget preparations
SInce Arun Jaitley and key ministers were never suppose to sit on a counter at RBI to exchange money, them being tied down with budget planning should be a non-issue.
Going to RBI is going to be a pain (you are more likely to be bitten by a dengue carrying mosquitoe) but after a month, the current premium of 20-25 pct (get 3 new 2000 rs notes and 3 new 500 rs notes for 20 old 500 notes) is expected to come down to about 15 pct