With Rupee in Freefall, 10-Year-Old Rejects ₹500 from NRI Aunty, Demands Dollars

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With Rupee in Freefall, 10-Year-Old Rejects ₹500 from NRI Aunty, Demands Dollars

Illustration: Shruti Yatam

T

he behaviour of a 10-year-old boy has sent shockwaves across the country. Chintu, a Std V student from Chota Chamatkar School, refused to accept a 500-rupee note his NRI aunt offered him as a parting gift. Chintu’s behaviour, experts tell us, is the fallout of the rupee plunging to a record low of 73 against the dollar.  

Chintu’s aunt, who was visiting from Los Angeles, expected her nephew to be thrilled after owning five crisp lavender 100-rupee notes. She has been doing this for the past 10 years.

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