On November 8 2016, Narendra Modi, the prime minister of India, announced that the Rs500 and Rs1,000 notes (worth about $7.50 and $15 respectively) would be demonetised with immediate effect. This act cancelled 86 per cent of the value of cash in circulation. Moreover, the cancelled notes had to be deposited in banks by December 30 with restrictions on withdrawals.
2016年11月8日，印度總理納倫德拉•莫迪(Narendra Modi)宣佈，將立即廢除面額爲500盧比和1000盧比的紙幣（分別約合7.5美元和15美元）。此舉導致流通中現金減少了86%。此外，被廢紙幣必須在12月30日之前存入銀行，並且取款受到限制。
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