benaulimsteve

Why when i arrive the rate drops right down?
Still a better rate than ive got for a few years.
The prices all seemed to have jumped up again
this season, when will it ever stop.
Enjoy.

dreadsoc

What do you expect ? It is India !

Dread - x

majorda_buyer

I felt the same when I got there it dropped within days due to the start of peak season.

Patchsidhu

Hi
Do what I do send it to my account in Goa, when the rate is a lot higher in the monsoon season. It was 88/89 rupees to the pound a couple of months back now 84/85.
Cheers
Patchsidhu

msj5

Rupee has weakened a little bit again so exchange now up to 86.16.....hope it stays there or goes up a bit more in time for mine reaching India!!

msj5

Todays papers showing the rupee at 89.09!!

I wonder if it will hit 90?

a_f_d

probably not, RBI will step in and buy dollars then print rupees to pay the FE bill - and stoke up inflation.

AndyD 8-)₹

prestonjohn

I got 88 last night and im changing the lot today before it nose dives or before Sterling becomes Cameron Paper

hemingway

Looks like being a good move as according to the currencies page on the BBC website the pound has dropped 1.33 Rupees or 1.49% today alone.

H.

prestonjohn

changed money yesterday at Western Union in Calingute and the 50,000 bundle in 500s contained 53,500.First time ever for me in 24 years changing money in India.Usually its 500 to a 1000 short.Kebab and beers for every one please.Calingute looking more and more like Las Vegas in the 50s...!

k800mer

Anyone know what the exchange rate is at present - the official rate. The Forex rate is currently 88.66 but that is the business rate, the tourist rate is usually lower.

prestonjohn

Got 88.40 yesterday at Arson Shoes in Calingute.

k800mer

Thanks, it is holding up well. I did consider sending funds to my Indian bank account earlier in the year as the rate has been so good but I got charged so much last time by another Indian bank that the money apparently had to be transferred through that it puts me off. Carrying enough cash for three months is a bit risky though.

a_f_d

money2India.com
but you should be able to transfer to your Indian account.

The High St. prices are amazingly close to the commercial rate at the moment - I guess a lot of black money is leaving India.

AndyD 8-)₹

johnny five

Western Onion is charging a flat rate of £3 for up to £700 transfer from UK to India.

If you are wondering about the weird figures, its a rough conversion of $5 for $1000.