Friday , August 18 2017
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Indian currency losing its value in foreign countries too

Hyderabad: Demonetisation has not only affected Indians but tourists and foreigners visiting India are also facing problems. Foreign students studying in the twin cities are also seen making rounds of the ATM centres. They are informing about the problems to their embassies. Students studying in various universities of Hyderabad are contacting their embassy officials.

Central government has banned shifting of currency to foreign countries following which value of Indian currency present in other countries has declined. senior Congress leader Mohan Prakash also claimed that the Demonetisation move of the Narendra Modi government has dented the Indian currency’s “prestige” and has subjected the Indian people to “ridicule from the international community”.

The Indian rupee declined in the early trade on Friday. It opened lower by 18 paise at 68 per dollar versus 67.82 Thursday.

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