Rupees - difficulty getting small denominations?? What is a shopper to do???
Hi all,
I am on the February 16th, 2017 trip and am concerned about securing smaller denomination of Rupees. With the recent withdrawal of the larger currency notes, there has been an acute shortage of 100 and 500 rupee notes. I read that hotels and ATMs have severe shortages of the smaller rupees - and that foreign tourists were essential limited to using credit cards. I also read that the new pink 2,000 Rupee note (equivalent to $30 US) is somewhat available but the new 500 Rupee note (approx. $7.50 US) is not so available. And the 100 Rupee note (approx. $1.40 US) is virtually impossible to secure. It seems that the banks and ATMs are stocked with 2,000 Rupee notes and there is no place to break these notes into smaller denominations. Since there is a severe shortage of the smaller denominations, vendors are not willing to make change.
What is a shopper to do???? I can bring a stack of $1 bills...but help!! If anyone has been to India recently, I would greatly appreciate advice!!
Nancy