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Foreign currency News

19 Sep 2024

Travelling Abroad? Know How Much Cash Foreign Currency You Can Carry

If you are travelling abroad and wondering how much foreign currency you can carry in cash from India, here are some important points you must know

Directorate of Revenue Intelligence

26 Nov 2021

DRI seizes foreign currency worth Rs 3 crores at Mumbai airport, two arrested

The raid was conducted under Operation Cheque Shirts The accused were arrested at Chhatrapati Shivaji Maharaj International Airport. They had no documents for the licit possession or export of the foreign currency

03 Nov 2021

Taliban ban use of foreign currency in Afghanistan, violators to be punished

The new Taliban government has also warned of action for violating the order, according to a report by Al-Jazeera.

Chennai Airport

25 Dec 2020

Euros, pounds worth 7.78 lakh seized from passenger's bag at Chennai Airport

At Chennai Airport, Air Customs officials intercepted a passenger at the departure terminal The suspected passenger was held as he was proceeding towards the security hold area after immigration Examination of the backpack and laptop bag revealed, 6600 Euros in the denomination of 50 and 2000 GB Pounds in the denomination of 20 were recovered

Foreign currency

27 Nov 2020

Currency worth approximately Rs 10 lakh found in sweets; what happened

In a shocking incident, foreign currency worth approximately Rs 10 lakh was found in a box of sweets. The incident took place on November 26, at about 5.45 pm.

27 Aug 2020

Chennai Air Customs seizes foreign, Indian currency worth Rs 1.36 crore

Chennai Air Customs has seized foreign, Indian currency worth Rs 1.36 crore, two arrested The seizer was made at the International Courier Terminal at the Chennai Airport. The parcels were booked by two Chennai based persons who were engaged in photography business. Both have been arrested

17 Nov 2019

CISF detected high volume of foreign currency worth 16 lakh at IGI Airport

While checking the security personnel discovered a high volume of foreign currency in the denomination of USD 15000, Dirham 26500 and Afghani currency 3880 worth approximately 16 lakh in Indian currency from his bag.

26 Jun 2019

CISF seizes foreign currency worth Rs 1.75 crore at IGI airport

The CISF seized a high volume of foreign currency worth Rs 1.75 crore in two separate incidents at the Indira Gandhi International Airport, (IGI), in Delhi.

Foreign currency

09 Jan 2019

Unaccounted foreign currency worth over Rs 1 cr seized at Hyderabad airport

During screening of baggages, the CISF personnel detected currencies of seven countries from the passenger, who was bound for Dubai.

18 Nov 2017

Narendra Modi govt's new mission - to link 1 billion UIDs with 1 billion bank A/Cs with 1 billion mobiles

The program aims at linking one billion bank accounts to one billion Aadhaar numbers and one billion mobiles.

Indian Tourists

23 Oct 2017

Here are 7 hacks before buying foreign currency in India

However, Indian travellers persist in ignoring a crucial aspect of foreign travel - buying foreign currency.

India's foreign exchange purchase

18 Oct 2017

Notable increase in foreign exchange purchase by India: US

In its report to the Congress "Foreign Exchange Policies of Major Trading Partners of the United States," the Treasury said India has a significant bilateral goods trade surplus with the US, totalling USD 23 billion over the four quarters through June 2017.

28 Jul 2017

North Korea hacking increasingly focused on making money than espionage: South Korea study

The US government has blamed North Korea for the Sony hack and some US officials have said prosecutors are building a case against Pyongyang in the Bangladesh Bank theft.

Enforcement Directorate

29 Jun 2017

Enforcement Directorate issues showcause notice to separatist leader Syed Ali Shah Geelani for illegal possession of USD 10000

ED on Thursday issued a show-cause notice to Syed Ali Shah Geelani, asking him to explain the source of USD 10,000 "illegally" possessed by him in 2002.

26 May 2017

Fitch affirms Bharti Airtel credit rating at BBB

Credit rating firm Fitch on Friday affirmed Bharti Airtel's long-term foreign currency issuer default rating at 'BBB' with stable outlook, reflecting the firm's ability to repay debt.

23 Feb 2017

Flier held with foreign currency at IGI airport

A flier bound for Dubai has been apprehended at the Delhi airport for allegedly trying to smuggle out foreign currency.

24 Nov 2016

Date for usage of old Rs 500 notes extended: Know where you can use them!

Government has extended date of usage of old notes for payment in public utilities till December 15.

Reserve Bank of India

29 Oct 2016

India's forex reserves rise $1 bn to $367.14 bn

Total reserves had dipped by USD 1.506 billion to USD 366.139 billion in the previous reporting week, after touching a life-time high of USD 371.99 billion in the week to September 30, 2016.

Reserve Bank of India

14 Oct 2016

Forex reserves off record high, slump $4 billion to $367.64 billion

After touching a record high, the country's foreign exchange reserves declined by a whopping USD 4.343 billion to USD 367.646 billion in the week to October 7, the Reserve Bank said on Thursday.

Adani Transmission

30 Mar 2016

Adani Transmission board approves raising Rs 5,000 crore

Adani Transmission today said the board has approved raising Rs 5,000 crore through issue of debentures or any other permissible debt securities denominated in rupees or any other foreign currency.

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