Media playback is unsupported on your device Media caption One woman says the unexpected change will make it tricky for her to pay to get to work 
 
 "Black money and corruption are the biggest obstacles in eradicating poverty," Prime Minister Narendra Modi said in his address to the nation on Tuesday evening. Hospitals will be allowed to accept the banned notes for another three days, until Nov. 11. The Reserve Bank of India (RBI) estimates that there are 16.5 billion 500 rupee notes and 6.7 billion 1000 rupee notes currently in circulation. ATMs will be shut on Nov. 9 and 10 to help implement the change. Related: India's new central banker serves up surprise interest rate cut 
 
 The central bank is also preparing to issue a new series of 500 and 2,000 rupee notes, which are slated to enter circulation by Nov. 10. On Tuesday there were long queues at ATMs as people tried to withdraw 100 rupee notes, which are still legal. Photo: AP Photo 
 
 RBI issues ₹500 notes in new series pic.twitter.com/C8rJXrBRZ9 — ReserveBankOfIndia (@RBI) November 8, 2016 
 
 On the reverse side of the magenta 2,000 rupee note, is an image of the Mangalyaan satellite, which India put into the orbit of Mars two years ago on a budget mission.
– A surprise announcement out of India Tuesday night is being called by local media a "surgical strike" against currency corruption that's infiltrated the nation, the BBC reports. Per CNNMoney, India Prime Minister Narendra Modi announced that the country's two largest current bank notes—the 500-rupee note and 1,000-rupee note (equivalent to about $7.50 and $15, respectively), which equal about 85% of the cash currently moving around India—were taken out of circulation in their current incarnation as of midnight Tuesday, which the government hopes will lure people out of hiding who've been stockpiling money without paying taxes on it. The idea is to force them to swap the cash for legit replacement money at banks and post offices before the 50-day deadline for such trades arrives on Dec. 30. Experts say there's a preponderance of this so-called "black money" in India, and by drawing it all out in droves, banks will be able to send up a red flag if people come in with large amounts, possibly helping the government catch tax evaders. There are about 16.5 billion of the 500-rupee bills and 6.7 billion of the higher denomination now in circulation (ATMs will be shuttered Wednesday and Thursday so more notes won't be introduced into the flow). In place of the now-almost-worthless notes, the government will issue new 500- and 2,000-rupee notes with images of Gandhi on them, the Wall Street Journal reports.