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International passengers can exchange banned notes up to Rs 5,000

Passengers arriving or departing from international airports will be allowed to exchange the banned Rs 500/Rs 1,000 notes up to Rs 5,000 value in new notes or other legal tender.

Updated on: Nov 8, 2016, 23:27:34 IST
By , New Delhi
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Passengers arriving or departing from international airports will be allowed to exchange the banned Rs 500/Rs 1,000 notes up to Rs 5,000 value in new notes or other legal tender.

Passengers arriving or departing from international airports will be allowed to exchange the banned Rs 500/Rs 1,000 notes up to Rs 5,000 value in new notes or other legal tender. (HT File Photo)
Passengers arriving or departing from international airports will be allowed to exchange the banned Rs 500/Rs 1,000 notes up to Rs 5,000 value in new notes or other legal tender. (HT File Photo)

The announcement came even as the government banned Rs 500/Rs 1,000 notes from midnight Tuesday -- a decision announced by Prime Minister Narendra Modi in a nationally televised address.

Foreign tourists would also be able to exchange old notes of up to Rs 5,000.

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