This segment originally aired Nov. 16, 2016 on VICE News Tonight on HBO.
India is in the grip of a cash crisis following the government’s shocking decision to replace high-denomination banknotes last week. The move, designed to flush out counterfeit currency and hidden cash, was announced on Nov. 8. Since then, widespread confusion has gripped the country, as people queue for hours at banks, post offices and ATMs to exchange, withdraw and deposit cash.
Read the full article here – http://bit.ly/2gLaELm
Read “India discontinued 86 percent of its circulated currency – and the poor are in crisis” – http://bit.ly/2gNgwRU
Subscribe to VICE News here: http://bit.ly/Subscribe-to-VICE-News
Check out VICE News for more: http://vicenews.com
Follow VICE News here:
More videos from the VICE network: https://www.fb.com/vicevideo