Tag: Euro

The sharp drop of the Indian Rupee against major currencies will have a positive impact on inbound tourism, experts say. “A weakened rupee has made India a cheaper foreign destination and we expect to have around 10 per cent hike in inbound tourism,” said Subhash Goyal, Chairman, Assocham Tourism Committee. However, the decline in rupee will have an adverse effect on outbound tourism, which may lead to a negative growth in tourism this year. Another travel agent states, Indian travellers would have taken note of the falling rupee, but so far they had not changed their international travel plans. “Indian ... Read more