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| Currency |
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Rupee (INR) = 100 paise. Notes are in denominations of INR1000, 500, 100, 50, 20, 10, and 5. Coins are in denominations of
INR5, 2 and 1, and 50, 25, and 10 paise.
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| Currency exchange |
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Currency can be changed at banks, airports or authorised money changers. It is illegal to exchange money through unauthorised
money changers. US Dollars and Pounds Sterling are the easiest currencies to exchange.
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| Credit & debit cards |
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American Express, Diners Club, MasterCard and Visa are accepted.
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| Traveller's cheques |
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These are widely accepted and may be changed at banks. To avoid additional exchange rate charges, travellers are advised to
take traveller's cheques in US Dollars or Pounds Sterling. Some banks may refuse to change certain brands of traveller's cheques
which others exchange quite happily.
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| Currency restrictions |
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Import of local currency is prohibited. Export of local currency is also prohibited, except for passengers proceeding to Nepal
(excluding notes of denominations of INR100 or higher), Bangladesh, Pakistan or Sri Lanka (up to INR20 per person). Foreign
currency may be exported up to the amount imported and declared. All foreign currency must be declared on arrival if value
is over US$5000, and when exchanged the currency declaration form should be endorsed, or a certificate issued. The form and
certificates must be produced on departure to enable reconversion into foreign currency. Changing money with unauthorised
money changers is not, therefore, advisable.
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| Exchange rate indicators |
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| Date |
Jul 06 |
| £1.00= |
INR84.94 |
| $1.00= |
INR46.66 |
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| Banking hours |
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Mon-Fri 1000-1400, Sat 1000-1200.
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