CONSOLIDATED: 500 and 1000 rupee notes no longer legal tender!
Nov 22, 2016, 11:04 am
#61
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Availability of rupees at Dubai (DXB)
Hi all -
Traveling from the US on Saturday and no banks here are buying/selling rupees and I'd like to have some Rs. on me when I land.
Has anyone had any luck at DXB foreign exchange?
Thanks in advance.
Traveling from the US on Saturday and no banks here are buying/selling rupees and I'd like to have some Rs. on me when I land.
Has anyone had any luck at DXB foreign exchange?
Thanks in advance.
Nov 23, 2016, 12:32 am
#62
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Nov 23, 2016, 1:23 am
#64
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Nov 23, 2016, 6:21 am
#65
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Using different ATM cards is a workaround around the daily withdrawal limits.
Nov 23, 2016, 7:05 am
#66
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i have a few inr 2k notes now as that is all most atms are dispensing....they are pretty useless at the moment because no one has change....i haven't used cash in the last 2 weeks....have only been using my cards....
Nov 24, 2016, 9:49 pm
#67
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The carnival masters have instructed banks and other institutions to refuse to exchange old notes for new notes and to force those with old notes to open bank accounts or otherwise deposit the old demonetized notes into existing accounts if they want to get any value out of them.
Governments and their dirty games.
Governments and their dirty games.
Nov 24, 2016, 9:59 pm
#68
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Nov 24, 2016, 10:00 pm
#69
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The carnival masters have instructed banks and other institutions to refuse to exchange old notes for new notes and to force those with old notes to open bank accounts or otherwise deposit the old demonetized notes into existing accounts if they want to get any value out of them.
Governments and their dirty games.
Governments and their dirty games.
Nov 24, 2016, 10:33 pm
#70
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Nov 24, 2016, 11:50 pm
#71
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Nov 25, 2016, 5:07 am
#72
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Nov 25, 2016, 7:10 am
#73
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Eventually people will wise up and revert to barter or other currencies to use.
http://indianexpress.com/article/ind...mmers-4388910/
http://indianexpress.com/article/ind...mmers-4388910/
Last edited by Dieuwer; Nov 25, 2016 at 7:23 am
Nov 28, 2016, 4:22 am
#74
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The Chief Justice of the country is allowing lower courts to intervene in the demonetization. It will be interesting to see what kind of rulings finally hit the government over this chaos-inducing, executive policy.
I only have a small amount of demonetized notes, but I'm willing to use them for legal bills if any ruling against this regulatory taking actually succeeds in securing my limited property rights with regard to those notes.
Nov 28, 2016, 4:53 am
#75
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unlikely that the courts will do anything in the end....you need a chief justice who has the balls to take on the government....we don't have that at the moment....