he chaos has begun. The phone calls, email, smses, whatsapp have all begun to ping and ring – average people calling to ask if their currency is useless now.
Rumours are beginning to spread. The reason for the panic is the move by the Narendra Modi government to demonetise the Rs500 and Rs1,000 notes. What this means is that starting midnight 8 November all the currency notes you hold in Rs500 and Rs1000 are worth nothing. But remember that all the currency notes you hold in your bank area still worth the money they denote.
Just that you wont get Rs500 notes from the ATM, but Rs100 and Rs50 notes.