Indian Rupee Slump....(currency exchange question)

Souleh · 16 Jun 2013 at 12:22

toyotacelicagt4 said:
Using a credit card for cash withdrawals or payment in India is asking for fraud. Never ever use a card in India whether a debit or credit. Credit card fraud in India is at an alarming rate

Ironically a lot of places wont accept foreign debit/credit cards for fear of you frauding them.

areksnumbr1sxylady · 16 Jun 2013 at 12:24

Use halifax clarity???

aardvark · 16 Jun 2013 at 12:35

probably best to take pounds/dollars and exchange it there????

india has had lots of currency problems lately.

Souleh · 18 Jun 2013 at 02:33

Lazder said:
Use halifax clarity???

Will work in some places. Its very hit and miss most of the time. Not to mention that outside of major cities it becomes very hard to find an ATM as most don't rely on banks.

rancid-a · 23 Jun 2013 at 12:43

R.O.S.S.I said:
Guess i'll just have to hope the rate stays high till November then when I go over!

Why bother, it's not like your cash will get you very far

Taj Mahal entrance fee for an Indian national = R50
Taj Mahal entrance fee for you = R1000

etc..

Ooo November! Maybe our paths will cross

Hatter The Mad · 23 Jun 2013 at 12:47

You can't move INR in or out of India.

rancid-a · 24 Jun 2013 at 04:26

Hatter The Mad said:
You can't move INR in or out of India.

I think the OP knows

manic111 · 24 Jun 2013 at 08:56

pingwing said:
Isn't the Indian Rupee like the Serbian Dinar in that you can't legally take the currency out the country and therefore have to buy it when you are there?

Yup, it's a closed currency.

kumar101 · 24 Jun 2013 at 11:42

You'll get bit less than XE rate at Thomas Cooks, American Express etc in India. Some independent changers will actually offer you MORE than the actual rate. Take £50 notes with you.

I use 'Santander Zero' Card as well they dont charge for ATM's but the Indian Bank may make charge best to check with the Bank first.

RD123 · 25 Jun 2013 at 11:37

ICICI Bank have the exchange rates as 1 GBP to 90.16 INR. Worth considering if you're unable to find any other rates in that region. Can find them online and have them delivered to yourself. They also have banks in the UK and India so you should be able to easily obtain money if necessary abroad by going into one of the Banks. Hope this helps.