answersLogoWhite

0

Some countries, such as India, the Seychelles and Sri Lanka have laws that restrict how much local currency you can import or export. For this reason, most companies/ banks/ travel agents in the UK will not sell or buy these restricted currencies. So, if you're heading to one of these countries you'll have to take sterling or get local currency once you arrive. And don't bring back any local cash into the UK. One, you might be breaking Indian law and two, you might lose money as you won't be able to change it back into sterling.

User Avatar

Wiki User

17y ago

What else can I help you with?

Related Questions

One rupee is equal with how much English pounds?

1 Indian Rupee = .01 UK Pound


How much Indian rupee make one UK pound?

60 Rs. (approx)


1 UK pound equal to 1 Indian rupee?

no 1 pound costs 72 Indian rupees currently.


One UK dollar euals to how many Indian rupees?

Because of the constantly changing economic demands the monetary exchange rate is constantly changing. With that in mind, as of July 12th 2014, one US Dollar equals 60.03 Indian Rupees.


What does the R stand for next to the number?

probably the currency rather than £ for UK or $ for USA there are countries such as R for Rupee in India or R for Rand in South Africa


What is the value of UK currency in Indian rupees?

As of today (02APR2011), 1 British Pound is worth about 71.6 Indian Rupees.


1 UK pound equals to how much Indian Rupee as on 13 January 2010?

as on this date £1 GBP is worth 74.4 rupees


400 pounds equals to how much in Indian rupee?

400 pounds equals to 41059. 29 Indian rupees. The current foreign exchange rate is 1 UK pound equals 102. 65 Indian rupees.


Rupee against great Britain sterling pound?

www.xe.com-----------------UK pound sterling to Indian rupee conversion rates provided by ICICI Money2India, SBI Express Remit, Remit2India, HDFC and Axis Bank live at http://www.pound2rupee.net


What are the factors affecting Indian rupee changes?

The value of any currency in an economy is hard to bet, to be stable for a long period of time as there are number of factor influencing its appreciation and the depreciation. The currency value of an economy influences the growth rate of GDP in an economy. Several other factors that have a direct influence on the over or the undervaluation of a currency are listed below: Capital flows and the stock market of India It's important to note that in spite of suffering recession, an economy can grow if the capital inflow is constant or continuously rising. In India even if the GDP rate is less, the currency can still get overvalued due to excessive capital inflows made by the FII's in the Indian economy. Global currency trends Like many other currencies Indian rupee have also tied its knot with some of the big economies of the world including the names of UK, US, Japan and Canada. The depreciation or appreciation in the currency any of these, especially in the US dollar, influences the valuation of the Indian currency in one way or the other. RBI Intervention The valuation of the Indian currency highly depends on RBI that manages the 'balance of payments', slight modification in which can define the over or the under valuation of the Indian currency. Oil factors India is a major importer of oil and the valuation of Indian money gets easily affected by the increase in the prices of the crude oil. It can further result in spreading inflation in an economy due to the over valuation of the Indian currency. Political factors Several other factors that affect the currency stability are some political factors like change in the government set up, introduction of new export and import policies, tax rates and many more. Remittances from abroad Conclusively, there are many factors that arise from the economic structure of Indian economy and affect the valuation of the Indian currency that in turn affects the economic growth rate of the economy of a country.


Can an Indian citizen and UK citizen marry in Nepal?

yes. i did it. there were no problems, apart from a 900 rupee bribe to the registy office. my Indian wife then got her UK residence visa, in India, then we flew back to the UK together. easy as that. Yes , for more info go to http://mha.nic.in


Do you need currency money in the UK?

Yes. The currency of the UK is the pound sterling (GBP).