'Don't panic over currency notes exchange'

Mumbai - The only topic of conversation in the city since Tuesday night has focused around the demonetisation of the Rs 500 and Rs 1000 notes. According to the editor of weekly online financial publication Arthasanket Amit Bagwe, the initial panic will not affect the economy adversely. The move has not influenced the stock exchange either. The chaos at petrol pumps and the gold markets too has subsided. Bagwe says there is ample time for everyone to get their currency exchanged, and that no one is going lose any money. People should keep calm and follow the procedures without involving any agents, says Bagwe.