Assam Village Starts Trading In Bhutans Currency To Go Around Demonetisation Pains

Admin 18-Nov-2016 12:44:17 Inothernews

Assam Village Starts Trading In Bhutans Currency To Go Around Demonetisation Pains


While long queues outside ATMs and banks across the country as people try to exchange their old Rs 500 & Rs 1000 notes have become the new constant, in a village in Assam's Kokrajhar district people are reportedly using Bhutanese currency to tide over the shortage of notes.



The Shillong Times reports that the nearest ATM or bank branch is 60 to 65 kilometres away and the Dadgiri border market is the only trading point for people in the region.

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A trader in the village told that they haven't even seen the new currency notes yet. There is just one State Bank of India van that reportedly comes to the village to take deposits, but from next week it will start dispensing cash as well.

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