{"id":1838,"date":"2014-10-22T09:11:28","date_gmt":"2014-10-22T03:41:28","guid":{"rendered":"https:\/\/blog.thomascook.in\/?p=1838"},"modified":"2026-03-24T13:03:44","modified_gmt":"2026-03-24T07:33:44","slug":"know-more-about-forex-before-you-travel","status":"publish","type":"post","link":"https:\/\/www.thomascook.in\/blog\/forex\/know-more-about-forex-before-you-travel\/","title":{"rendered":"Know more about forex before you travel"},"content":{"rendered":"<div class=\"pld-like-dislike-wrap pld-template-1\">\r\n    <div class=\"pld-like-wrap  pld-common-wrap\">\r\n    <a href=\"javascript:void(0)\" class=\"pld-like-trigger pld-like-dislike-trigger  \" title=\"\" data-post-id=\"1838\" data-trigger-type=\"like\" data-restriction=\"cookie\" data-already-liked=\"0\">\r\n                        <i class=\"fas fa-thumbs-up\"><\/i>\r\n                <\/a>\r\n    <span class=\"pld-like-count-wrap pld-count-wrap\">0    <\/span>\r\n<\/div><div class=\"pld-dislike-wrap  pld-common-wrap\">\r\n    <a href=\"javascript:void(0)\" class=\"pld-dislike-trigger pld-like-dislike-trigger  \" title=\"\" data-post-id=\"1838\" data-trigger-type=\"dislike\" data-restriction=\"cookie\" data-already-liked=\"0\">\r\n                        <i class=\"fas fa-thumbs-down\"><\/i>\r\n                <\/a>\r\n    <span class=\"pld-dislike-count-wrap pld-count-wrap\">0<\/span>\r\n<\/div><\/div><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> 2<\/span> <span class=\"rt-label rt-postfix\">minutes<\/span><\/span><div class=\"blogwrapperblk\">\n<p>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 <a href=\"https:\/\/www.thomascook.in\/foreign-exchange\" target=\"_blank\" rel=\"noopener\">foreign exchange<\/a> is a major concern that we must consider while planning our international holidays. After all we don\u2019t 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.<a href=\"https:\/\/www.thomascook.in\/blog\/\/wp-content\/uploads\/2014\/10\/Buy-Sell-Currency.jpg\"><img decoding=\"async\" class=\"aligncenter size-medium wp-image-1842\" src=\"https:\/\/www.thomascook.in\/blog\/\/wp-content\/uploads\/2014\/10\/Buy-Sell-Currency.jpg\" alt=\"Buy Sell Currency\" \/><\/a><\/p>\n<h2 id=\"section-1\">About Forex<\/h2>\n<p><a href=\"https:\/\/www.thomascook.in\/foreign-exchange\" target=\"_blank\" rel=\"noopener\">Foreign exchange<\/a> is a major concern for people visiting foreign countries. What most of us fail to realize is that the rise and fall of <a href=\"https:\/\/www.thomascook.in\/foreign-exchange\/currency-converter\">currency exchange rates<\/a> 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.<\/p>\n<p>Apart from being important for travelers traveling abroad this concern has a significant impact on a country\u2019s foreign exchange reserve as well. According to recent reports, foreign exchange earnings from <a title=\"tourism in India\" href=\"https:\/\/www.thomascook.in\/holidays\/india-tour-packages\" target=\"_blank\" rel=\"noopener\">tourism in India<\/a> 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.<\/p>\n<p><a href=\"https:\/\/www.thomascook.in\/blog\/\/wp-content\/uploads\/2014\/10\/forex-market-under-review-illustration.jpg\"><img decoding=\"async\" class=\"aligncenter size-medium wp-image-1840\" src=\"https:\/\/www.thomascook.in\/blog\/\/wp-content\/uploads\/2014\/10\/forex-market-under-review-illustration.jpg\" alt=\"Forex Market\" \/><\/a><\/p>\n<p>Today when India\u2019s 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.<\/p>\n<p>Therefore, one can say that <strong><a title=\"forex\" href=\"https:\/\/www.thomascook.in\/foreign-exchange\" target=\"_blank\" rel=\"noopener\">forex<\/a> <\/strong>is as critical concern to the traveler as it is to the economy.<\/p>\n<blockquote><p><strong>Suggested Read :\u00a0<a href=\"https:\/\/www.thomascook.in\/blog\/\/benefits-forex-card\/\"><span class=\"breadcrumb_last\">Benefits Of Having A Forex Card<\/span><\/a><\/strong><\/p><\/blockquote>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>0 0 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 [&hellip;]<\/p>\n","protected":false},"author":3588,"featured_media":150265,"comment_status":"open","ping_status":"open","sticky":false,"template":"post-forex-destination-right.php","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[3134],"tags":[],"class_list":["post-1838","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-forex"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Know More About Forex Before You Travel - Thomas Cook India<\/title>\n<meta name=\"description\" content=\"Want to travel hassle free abroad? Appropriate knowledge about forex can help you fetch better deals when you go to a foreign destination.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.thomascook.in\/blog\/forex\/know-more-about-forex-before-you-travel\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Know More About Forex Before You Travel - Thomas Cook India\" \/>\n<meta property=\"og:description\" content=\"Want to travel hassle free abroad? 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