Sliding rupee could make India a good holiday choice
Article by Mozo
There are many things to consider when booking a foreign holiday – especially if you have a budget to stick to.
As well as the weather, food, local culture and travelling distance, tourists must also search for the countries that offer the best exchange rates.
Australians have been spoilt for choice in recent times because the strength of the dollar meant they received excellent value for money wherever they decided to go. However, the dollar has weakened in the past few months.
Therefore, it is a good move to select a holiday destination where the currency has also suffered a decline – and India fits the bill.
The rupee has tailed off in the past month, which means Aussies will now get a better rate of exchange.
At the moment, one Australian dollar will get you nearly 55 rupees and it is also worth considering that the cost of living is very low in certain parts of India.
Have a question about travel money? Ask the money gurus at Mozo Answers.