Rupee fall affects tourist outgo

The fall of the Indian rupee in comparison to the US dollar has adversely affected the tourist outflow to foreign countries, especially Europe, America and South Asian countries, according to tour operators.

With cheap air fare rates and lucrative tour packages, there was a big surge in the number of tourists visiting abroad earlier.

The tour packages were so cheap that a 3-night and 4-day stay in South Asian countries like Thailand and China would cost less than the cost of a same-duration stay in Goa or Kerala.

Full report here Business Standard


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