Forex curbs extension hits tourists’ trips

Goa | Saturday | 7th January, 2017

Summary:

"It is criminal that tourists, who are guests and who have come to India for a holiday, are made to stand in line for Rs 5,000. I have come here to spend on a holiday, but what is Rs 5,000? Calangute: The Reserve Bank of India's decision to restrict exchange of foreign currency to Rs 5,000 per week till January 31 has dealt a further blow to the holiday plans of tourists. "Now they're saying this is till January 31, but what if they extend it by another month?" The extension of the curbs come at the peak of Goa's tourism season and tourists are fuming over the inconvenience.Stakeholders in the tourism sector resemble a worried lot as the first month of the year appears to be washed out and they fear tourists may cut short their vacation if they run out of patience..