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Demonetisation: Old, new notes put up for sale online

This newspaper found as many 430 listings for the search term Rs 500' on the popular e-commerce site.

Mumbai: With the government banning Rs 500 and Rs 1,000 notes, many have found a way to get rid of their stashes at home — selling them online.

This newspaper found as many 430 listings for the search term ‘Rs 500’ on the popular e-commerce site eBay and even a listing for new Rs 2,000 note on OLX. Both the sites were selling the old and new currency notes for exorbitant prices such as Rs 15,000 for the new Rs 2,000 note and Rs 7,999 for ten notes of the old Rs 500 note.

One of the listings by one yashkankariya1996 was uploaded on November 17 at 10 am and is titled ‘Rs 500 Notes in sequence starting from 100 to 1000’ for Rs 7,999. The user says he is based in Beawar, Rajasthan. The post further adds that payment is only acceptable via debit and credit cards and the “product will be delivered by Nov 21-22 anywhere in India”.

( Source : Deccan Chronicle. )
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