Indian Prime Minister Narendra Modi ordered the withdrawal¹ of 500 and 1,000 rupee notes from circulation on Tuesday in a shock announcement designed to tackle widespread corruption². 

 

为打击大规模的贪污腐败，印度总理纳伦德拉·莫迪于周二发表讲话宣布，面值为500卢比和1000卢比的纸币将退出流通，令人震惊。

 

Modi said that while people could exchange their old notes for new bills at banks or post offices, or deposit them in their accounts, they would no longer be legal tender from midnight. 

 

"To break the grip of corruption and black money, we have decided³ that the 500 and 1,000 rupee currency notes presently in use will no longer be legal tender from midnight ie 8 November, 2016," Modi said in a televised address to the nation. 

 

"This means that these notes will not be acceptable for transaction from midnight onwards." 

 

The prime minister said that the move was also designed to counter Pakistan-based extremist groups who carry out attacks on India, saying "enemies from across the border" were financing their activities by mass producing counterfeit⁴ Indian notes.

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