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Thread: You cannot carry Indian Money out of India anymore.

  1. #1
    Wizard MythiliK's Avatar



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    Default You cannot carry Indian Money out of India anymore.

    Hi,

    Got to read this piece of news today. NRIs and foreigners are restricted from carrying Indian rupee outside India. They need to convert into other currencies like dollar or Euro before they step out of the country. Previously I guess, you can have at the max of 10,000 INR as cash amount in your hand while leaving India, but now you cannot.

    Please click on this link --- Indian Economy News --- to learn more.

    So, keep this in mind, before you step out of the country. Happy Flying.

  2. #2
    Evangelist funlover's Avatar


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    To facilitate money changing facilities for NRIs and foreigners, foreign exchange counters have been allowed in departure halls in international airports beyond the immigration and customs desks. "Such foreign exchange counters will, however, only buy Indian rupees from non-residents and sell foreign currency to them subject to usual terms and conditions," RBI said. It has also directed authorities to put up displays at international airports, "reminding passengers that the area is the last point for NRIs
    so, this is not for Indian residents? only for NRIs? cant understand the point of it. one thing is clear. Exchange counter people are going to make LOTS of money due to this rule.
    Be Happy. Just Enjoy Your Life!

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