Adequate currency in circulation, shortage temporary: FM Arun Jaitley

Assuaging concerns over currency shortage in ATMs (Automated Teller Machines), finance minister Arun Jaitley on Tuesday said there is more than adequate currency in circulation and the same is available with banks. Jaitley took to micro-blogging site Twitter and said that the shortage is 'temporary' and that it has been caused due to ‘sudden and unusual increase’ (in demand) in some parts of the country. Earlier on Monday, there were complaints of cash shortage in eastern Maharashtra, Bihar and Gujarat. This was almost a month after ATMs in Andhra Pradesh and Telangana had run dry.