Oops! You can't 'launder' India's new Rs 500 **te

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Oops! You can't 'launder' India's new Rs 500 **te

Oops! You can't 'launder' India's new Rs 500 **te

India’s bold move to invalidate much of its cash and issue new bills to fill the void within two weeks may have come at a cost.

SEE ALSO: Paytm outage, internet shutdown give India a reality check on its cashless dreams


The newly issued Rs 500 bills are losing color when they are washed, according to reports. Some people are advising to **t leave any bills in their pockets before handing them out to laundry as a brief encounter with water and detergent is suffice to turn them look like counterfeits.*

It's worth pointing out that other currency **tes in India are able to withstand several washes. It is **t k**wn right **w how these **tes will cope up with rains. Read more...

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