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Rush to spend as India 'cash catastrophe' prompts chaos

An Indian customer pays for fuel with old 500 rupee notes at a petrol station in New Delhi on the last day on which the old currency can be used to purchase fuelIndians endured more turmoil Friday as they rushed to spend old notes at petrol stations before a midnight deadline as the opposition denounced the scrapping of high denomination bills as a catastrophe. Indians had been given until December 15 to use the old bills at filling stations but the government rushed forward the deadline on Thursday evening, giving people barely 24 hours to spend their old notes. The surprise move sparked uproar among millions of commuters who queued outside filling station to use their bills while an attendant said fights had broken out among frustrated motorists.

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