What and how much currency can be taken while touring holland from India?
Hi, Prefereably US$ or Euros. "How much" is depending on how
long you are going to stay in India. In my opinior apart from your
To & Fro ticketing charges (flight tickets from your country to
any of the Indian International Airports, New Delhi or Mumbai)
around USD 15, 000 or Eur 12, 000 should be enough for a 10 day
stay . USD 1 = Indian Rupees (INR) 40
Eur 1 = Indian Rupees (INR) 60 approximately General Tariffs at Hotels Per Night Indian Rupees is 2500 (Budget) to 55, 000 (Suit)
1 Course Meal in INR 150 (Budget)
Travel between any of the major places by AIR is less than INR 8000. Hope this helps
Should export packing credit should be a rupee based one or foreign currency based one based on foreign currency management skills?
Packing Credit # # Foreign currency packing credit (FCPC) Here the loan is taken in the foreign currency itself, when actual payment is received in foreign currency it is directly settled. Here no premium is available to the exporter. b. Rupee packing credit Here the loan is taken in rupee and therefore there is a scope for forward cover. Here the exporter gets a premium which reduces the interest charges.
Yes you can. All banks accept drafts taken in any widely accepted currency across the globe. However, the time taken to cash the draft is usually longer than the time taken to cash a local currency draft, because the bank has to get the funds from a foreign bank and then only they can credit your account with the money.