Tell me about Indian Money ! what about taking cash or travelers cheques to India ?
Indian currency is known as rupee. A rupee is divided into 100 paise. (Abbreviation for the singular is Re. for the plural Rs). Notes are now in use are 10, 20, 50, 100, and 1000. Because of inflation, coins are rarely used. Realize that major credit cards-American Express, Visa, Barclay-card, MasterCard, Access, Diners Club – are accepted at most hotels, large restaurants, and large shops. Travelers checks must be changed into rupees at a Bank of India. There are branches everywhere, including hotels. Be aware that it can take several hours to cash travelers checks in small towns. Try to deal with large banks in large cities. Dont accept large denomination notes, because they will be difficult to change, and dont accept damaged or torn notes, because merchants will refuse them, especially in small towns. Keep a supply of small change. Very often taxi drivers and vendors will say that they dont have change. Money exceeding certain amounts like USD 10.000 should be declared at the custo
