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In A Foreign Country, Indian Diaspora Stumped By Surprise Currency Ban

Posted on 10 November 2016

India’s shock move on Tuesday to withdraw large denomination bank notes from circulation to fight corruption and tax evasion has left some overseas citizens high and dry, as money changers in key Asian centres stopped accepting the currency.
In Hong Kong’s Chungking Mansions, home to more than a dozen money changers and a key hub for Indian businesses and traders, the rupee found no takers, with several currency dealers displaying “0.00″ on their counters………………………………………Full Article: Source


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