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Tourists caught in a bind

It wasn’t really a vacation day for most tourists as shopkeepers at several places refused to accept ` 500 and `1,000 notes. As banks and ATMs remained shut, a number of tourists in Calangute were so desperate that they went to shops just to get change for `500 and `1,000 notes, but were turned away by shopkeepers.


PANAJI

Left with little Indian currency in their pockets, foreign tourists had to skip the Anjuna flea market, which happens every Wednesday.   
An European tourist, on condition of anonymity, said, “We are facing a big problem as no one is accepting `500 and `1,000 notes. We stay in a flat in Goa every year for few months. We cook our own food. Therefore, our daily requirements are few, which don’t cost much. Now, if we go to a supermarket to buy stuff worth Rs 50, no one is going to accept Rs 500 notes.” 
Pravin Babu a tourist from Mumbai, said, “We arrived yesterday and we had just `600 in cash. We can pay the hotel by using our credit cards, but we need cash for everything else, even for a bottle of water. We have a kid with us, who may need something. We have very little cash in hand. This has caused us a lot of inconvenience.”  
Steven Johnston, a tourist from UK, said, “There is no way we can get Sterling converted into rupee. All 
we have is in `500 and `1,000 notes, which no one are 
accepting.” 
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No impact in wholesale fish market

Business went as usual in Goa’s lone wholesale fish market at Margao on Wednesday as the government decision to scrap the currency notes in the denomination of Rs 500 and Rs 1000 had no impact on the wholesale fish market.

The Goan Network
Published Nov 10, 2016, 6:55 AM IST
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MARGAO:In fact, trading of fish went unhindered at the wholesale fish market with wholesalers and retailers carrying out the business as usual. The buyers and sellers freely exchanged the currency notes of Rs 500 and Rs 1000 notes as if the government has taken no decision on the currency. In fact, unlike other business activity in the commercial capital, there was no panic amongst the wholesalers and retails to accept the currency notes.  Even till 8.30 in the…

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