About Us Contact Us Help


Archives

Contribute

 

Our Voice And Yours

Lokvani Team
06/07/2017

NRIs, foreigners can’t leave India with Rupees!

Thanks to a new directive from the Reserve Bank of India (RBI), from now on every non-resident Indian (NRI) and foreigner leaving the country will have to compulsorily change Indian rupees in their possession into a foreign currency before they board the flight. It's a common practice among NRIs to carry some amount of Indian currency with them when they leave the country, mainly for the convenience of not having to exchange forex into rupee when they return the next time. But from now on, they will not be allowed to carry any Indian notes with them.

http://timesofindia.indiatimes.com/business/india-business/NRIs-foreigners-cant-leave-with-rupee/articleshow/22679752.cms?from=mdr



Bookmark and Share |

You may also access this article through our web-site http://www.lokvani.com/




Home | About Us | Contact Us | Copyrights Help