Illegal Money Changers

On a day banks reopened and long lines could be seen at all branches across the country, illegal money changers sprang up offering to convert old 500 and 1000 rupee notes for smaller denominations. NDTV spoke to one such operator on condition of anonymity, in Sadar Bazar - Delhi's wholesale market where traditionally high volume trade is done in ca...

Widening the probe into illegal money changers, the Enforcement Directorate is keeping track of as many as 67 forex dealers across the country to look into foreign exchange violations and money laundering after the government scrapped old 500 and 1,000 rupee notes.

On a day banks reopened and long lines could be seen at all branches across the country, illegal money changers sprang up offering to convert old 500 and 1000 rupee notes for smaller denominations. NDTV spoke to one such operator on condition of anonymity, in Sadar Bazar - Delhi's wholesale market where traditionally high volume trade is done in ca...

Widening the probe into illegal money changers, the Enforcement Directorate is keeping track of as many as 67 forex dealers across the country to look into foreign exchange violations and money laundering after the government scrapped old 500 and 1,000 rupee notes.