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Wednesday, December 14, 2016

Post offices exchanged notes worth Rs 3,680 crore till December 7



NEW DELHI: Post offices have exchanged currency worth Rs 3,680.99 crore till December 7, after the government scrapped old Rs 500 and Rs 1,000 notes last month, Parliament was informed today.

"The total amount exchanged in the post offices after demonetisation is Rs 3,680.99 crore till December 7, 2016," Communications Minister Manoj Sinha said in a written reply to Lok Sabha.

The total amount deposited in the post offices after demonetisation is Rs 38,630.06 crore till December 7, 2016, he added. The demonetisation of high value currency took effect from November 9.

Read more at:
http://economictimes.indiatimes.com/articleshow/55983852.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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