The Reserve Bank of India allows most Indian residents and nonresidents to carry Indian currency notes up to 25,000 rupees, as of January 2015. Citizens of Pakistan and Bangladesh are not allowed to carry Indian currency, nor can residents traveling to Nepal and Bhutan carry Indian currency.Know More
Prior to June 2014, nonresidents were not allowed to take out or bring in Indian currency. In September 2013, the UAE's Central Bank requested all banks to advise their customers not to carry rupees into India.
Other currencies can be brought and exchanged. As of February 2014, foreign exchange can be brought into India by nonresidents, but amounts greater than 5,000 rupees are required to be declared.Learn more about Currency & Conversions
In January 2015, Vietnam devalued its currency relative to the U.S. dollar to boost exports. The revaluation allows the country's goods to remain competitive with those exported from other countries in the region, such as South Korea.Full Answer >
One Jamaican dollar is equivalent to 0.00869943 USD as of January 25, 2015. One United States dollar, then, is equal to 114.95 Jamaican dollars. Since exchange rates change often, they should be checked frequently.Full Answer >
As of January 2015, the current price of silver on the market can be found in the commodities section of the CNN Money website. Comprehensive information on the current price of silver with details from throughout the day is available from NASDAQ.Full Answer >
According to Encyclopedia Britannica, the rupee is the basic monetary unit in India that has been used since the 16th century. It is also the basic monetary unit used in Mauritius, Nepal and Seychelles.Full Answer >