RBI allows rupee exchange at airport duty-free departure areas
→Residents can access forex counters beyond immigration
Change
India’s RBI permitted residents to exchange rupee notes at forex counters in airport duty-free departure areas.
Why it matters
Authorised dealers must expand services and ensure compliance with foreign exchange regulations.
Implications
- → Forex operators must update processes — compliance required
- → Passengers gain access — convenience improves
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Source
View on RBI