Currency shortage Surtis forced to pay premium for new notes

Surat | Wednesday | 7th November, 2018

Summary:

Thus, I decided to visit Bhagal where the money exchangers keep the buffer stock of new currency notes for the Diwali festival sale. People are not getting new currency notes in the denomination of Rs 50, Rs 100 and Rs 200 from the ATMs or the banks. If the government directs the banks to give the new notes to the public directly, people will stop coming to us.” They are not a new phenomenon, but the new notes introduced after demonetisation has given their business a new dimension. I had to pay Rs 1,500 extra for the exchange of Rs 2,000 notes worth Rs 10,000.”These vendors could be found at Bhagal sitting on the roadside with a board ‘phateli ane juni notes badli apvama aavse’ (change your soiled and torn notes here)..