Call Us
18002099100
Table of contents
Each one of us likes to travel hassle free. Hence before we pack our travel bags to get set and go to a foreign destination, it is important to ascertain a few aspects. For instance, considering the rate of foreign exchange is a major concern that we must consider while planning our international holidays. After all we don’t want to get ripped off while paying for services abroad, do we? Global travelers therefore, must be cautious about choosing services when they travel internationally. Appropriate knowledge about forex can help them fetch better deals abroad.
About Forex
Foreign exchange is a major concern for people visiting foreign countries. What most of us fail to realize is that the rise and fall of currency exchange rates can have a huge impact on international travel and tourism. For starters, one should know the basic of foreign exchange like when your home currency is stronger you can spend more in the visiting country and vice-versa. With a more powerful home currency you can travel in the foreign locale for cheaper price.
Apart from being important for travelers traveling abroad this concern has a significant impact on a country’s foreign exchange reserve as well. According to recent reports, foreign exchange earnings from tourism in India alone is predicted to increase to USD 26 billion dollars by 2015 from the current USD 20 billion dollar. This foreign exchange earned from tourism sector is critical to combat the escalating current account deficits. No doubt the government of India is adapting measures like easing the visa norms and entering into agreements with other countries to boost its tourism sector.
Today when India’s foreign exchange reserve has increased for the third week in a row, adding USD 1.9 billion dollars, one cannot deny the contribution of tourism and hospitality sector for the same. In order to make significant strides in its tourism sector, India endeavoured to improve its share in international tourist receipts during the course of past decade thereby, positively affect foreign exchange in India. You can also gauge the importance of tourism in the country from the fact that India emerged as the fourth biggest foreign exchange earners during 2012 with over USD 17 billion dollar earnings.
Therefore, one can say that forex is as critical concern to the traveler as it is to the economy.
Table of contents
Our Forex Offerings
Recommended Articles for you
10 Biggest Churches in the World: Magnificent Landmarks You Can Actually Visit
0 0 A church can be somewhere you go to pray. It can be a piece of art you wander through. Or it can be so ridiculously huge that you walk in and immediately start asking yourself how on earth […]
Central Asia: The Silk Route Journey That Changed the Way We Travel
0 0 Why Should Central Asia Be on Your Travel List? I’ll be honest. If someone had asked me a year ago to choose between Europe and Central Asia, I would have booked Europe without thinking twice. It’s familiar. You […]
Somnath Temple Guide 2026: Timings, Darshan & History
0 0 Somnath Mandir Guide At A Glance Located in Gujarat, Shree Somnath Temple is one of India’s most prestigious Shiva temples. It is the first among the 12 Aadi Jyotirlingas. Here is a quick info guide to help you: […]
Vaidyanath Jyotirlinga (Baidyanath Temple) Guide: Timings, Kanwar Yatra & Shravan
0 0 Vaidyanath Jyotirlinga (Baidyanath Temple) at a Glance Location: Vaidyanath Jyotirlinga location is in Deoghar, Jharkhand. It is one of the 12 revered Jyotirlingas dedicated to Lord Shiva and an important part of the 12 Jyotirlingas in India. Significance: […]
12 Jyotirlingas of Shiva: Names, Locations & Yatra Guide
0 0 Planning a pilgrimage to one, several, or all of the 12 Jyotirlinga in India? Whether you’re travelling during the auspicious Shravan month or any other time of year, we are here with a comprehensive guide. Learn about all […]
Must-See Things to Do in Dubai: Top Adventures Beyond the Malls
0 0 Planning your international Dubai Packages? Here are the must see places in Dubai. Must Do Things in Dubai 1. Ride through the sunset on an at the picturesque Dubai creek, and all for just one dirham. Close your eyes […]
Flower Shows Around the World: A Celebration of Flowers and Fragrances
0 0 When God created the world, his most beautiful imagination led to the creation of flowers. If we take a close look at our lives we can see that the most special celebrations of our lives are adorned with […]
Guide to Visiting the Temples of Angkor Wat
0 0 A Guide to Temples of Angkor Wat at a Glance Angkor Wat Cambodia is one of the world’s most remarkable temple complexes. It is also the world’s most famous historical landmark. There are hundreds of ancient monuments in […]
Guide to Exploring Busan in South Korea
0 0 A Guide to Exploring Busan at a Glance Busan is known for: beaches, seafood markets, temples, colourful neighbourhoods and lively urban culture. Best places to visit in Busan: Haeundae Beach, Gamcheon Culture Village, Gwangalli Beach, Haedong Yonggungsa Temple, […]
7 Wonders of the World: Amazing Facts About the World’s Greatest Wonders
5 0  Seven Wonders of the World at a Glance The seven wonders of the world are part of the history that everyone should witness at least once. Here’s some information about them: The 7 Wonders of the World: Great […]
Italian Cuisine: Famous Dishes, Regional Specialities & Food Culture
0 0 From creamy northern risotto to spicy southern seafood, every area does its own food thing in Italy. It’s about simple, quality ingredients, eating together, and local rhythms. Skip tourist traps, eat what’s in season, and always save room […]
Paris Attractions: Famous Places and Experiences to Discover
0 0 When you ask a novelist to weave a tale of romance or when a painter intends to bring the most romantic backdrop to his canvas, it is the image of Paris from which they draw inspiration. Intrinsically beautiful […]
A Guide to the Best Places to Visit in Nepal
1 0 Nepal is geographically small, but it crams ancient temples, Himalayan treks, jungle safaris, and mountain lakes into one trip. Indians don’t need a visa. Hit Kathmandu for culture, Pokhara for views, Chitwan for wildlife. Trekking needs a licensed […]
Amazon Rainforest: Wildlife, Tours, Best Places to Visit & Travel Guide
0 0 The Amazon has got a bit of everything – wildlife, river trips, jungle hikes, and some real cultural stuff too. Brazil, Peru, or Ecuador are your main entry points, so pick whichever lines up with what you want […]
Busiest Airports in the World: Top Airports Around the Globe
0 0 Picture this: you’re running a little late for your flight. You leap out of the cab, collect your bags (with little or no grace) and walk into the airport, only to be hit by a wave of travellers […]
Guide to Planning an Ideal Day at Ocean Park
0 0 Ocean Park Hong Kong rolls theme-park rides, giant pandas, marine-life exhibits, scenic cable-car rides, and family-friendly stuff into one massive park. It’s split into the Waterfront and Summit, so you’ve got loads to get through in a full […]
Oktoberfest: Explore the World’s Biggest Beer Festival in Munich
0 0 If you call yourself a beer aficionado, you mustn’t miss out on Oktoberfest – the biggest beer festival in the world. Celebrated in Munich every year for 16-18 days, Oktoberfest marks the marriage ceremony of Prince Ludwig and […]
Guide to Visiting the Great Wall of China
0 1 Best sections for first-time visitors: Mutianyu for scenery and a balanced experience, Badaling for accessibility, and Jinshanling for longer, quieter walks. Best time to visit: Spring and autumn offer comfortable weather and beautiful mountain scenery. Summer can be […]
Guide to Visiting Palm Jumeirah in Dubai
0 0 The best travel memories do not begin with a checklist; rather, they begin with a moment that makes you pause and think, “I’m really here.” Imagine watching Dubai’s skyline glow gold from a beachfront café as the sun […]
The Ultimate Bali Vacation Guide: Things to Do & Offbeat Places
0 0 The Indonesian island of Bali is one of the most popular tourist destinations in the world. Both adventure lovers and holiday mongers love visiting this beautiful island to spend a few days of fun and relaxation away from […]