Money

Country where Australian $100 bills are worthless


India’s decision to get rid of 500 and 1000 Rupee notes is wreaking havoc. Picture: Manjunath Kiran

AUSTRALIAN travellers in India are being unwittingly swept up in the country’s cash crisis.

The government’s shock move to scrap 500 and 1000 rupee notes at the end of 2016 sent Indians scrambling to exchange the currency, with queues forming outside banks across the nation.

Now, as Darwin-based fashion designer Emma Swan Das has discovered, the Australian currency has also been swept up in the chaos.

In the Rajasthan town of Pushkar sourcing fabrics for her business, Ms Swan Das went to exchange money as per usual before hitting the markets on Wednesday.

“I went to many money changers and they all told me that no one is accepting Australian $100 notes,” she told news.com.au.

“As I was unable to change my $100 notes, I had to take out money using my credit card and I was charged 10 per cent by the money changer to do this.”

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Country where Australian $100 bills are worthless