Existing Indian Rs 500 & Rs 1000 notes abolished
Existing Rs 500 and Rs 1000 notes taken out of circulation
In battle against black money, PM Narendra Modi has announced to the nation that the current Rs 500 and Rs 1000 notes are invalid and that RBI will come out with new Rs 500 and Rs 2000 notes soon.
~News courtesy of Times of India~
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