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India's Currency Chaos

November 14th, 2016

Episode 878 of 1091 episodes

India aims to ease a cash crunch caused by its move to withdraw higher-value banknotes. We hear from CP Chandrasekhar, an economics professor at Jawaharlal Nehru University in Delhi. Plus, Harold Montgomery, chief executive of Indian mobile phone-based payment company MoneyOnMobile explains the benefits the move has brought to his industry. Also in the programme, Donald Trump has appointed his new chief strategist, Steve Bannon, a former chairman of Breitbart News Network. We find out more about Breitbart from David Uberti of the Columbia Journalism Review in New York. The people of Nigeria are feeling the squeeze, with inflation hitting an 11-year high - the BBC's Chris Ewokor tells us why. The British toy industry is looking ahead to the festive season, but this year the impact on sterling of Britain's decision to leave the European Union is likely to be focusing minds, as Elizabeth Hotson reports. Plus our regular commentator Lucy Kellaway of the Financial Times ponders the one area of office life where segregation of the sexes still rules; the office lavatory.

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