Re: [FRIAM] India's currency

Way cool, thanks. Italy should consider it! :) On Sun, Nov 13, 2016 at 12:55 AM, H. S. Sudhira wrote: > Hi Owen, > > Demonetisation has been effected here in India and this came as 'surprise' > by the Prime Minister. There is a bit of crisis but not sheer chaos. Public >

Re: [FRIAM] India's currency

Hi Owen, Demonetisation has been effected here in India and this came as 'surprise' by the Prime Minister. There is a bit of crisis but not sheer chaos. Public at large though finding it inconvenient in the short-run have largely welcomed this drastic step that is largely aimed at those who had

Re: [FRIAM] India's currency

Yeah, reportedly it is trying to remove the "big" bills to make bribes and tax avoidance cash payments more difficult. Since we will be there in January, I may have something to report then. The action will also drive credit card tractions of a sort. TJ === Tom

Re: [FRIAM] India's currency

Here's what I'm talking about: On Tuesday night with just four hours' notice, the Government yanked from > circulation 500 and 1,000 rupee notes — the equivalent of $10 and $20 > respectively. But I don't trust the initial news feeds, it seem like they're missing something. -- Owen On Fri,