Now do shopping at Dubai Duty Free in Indian rupee
Dubai, July 4: In a relief for thousands of passengers, Dubai Duty Free has begun accepting the Indian currency for financial transactions.
The Indian rupee, that become the 16th foreign currency to be accepted at Dubai Duty Free, will be accepted at all point of sales (POS) in Terminal 3, Terminal 1, Terminal 2 of Dubai International Airport and in Al Maktoum International Airport, reports Khaleej Times.
The change, however, will be handed over in UAE dirhams.
"At present, the following denominations are being accepted: 100s, 200s, 500s (only the new one as earlier one is out of circulation) and 2000's," Duty Free officials said in a statement.
When paying Indian rupee, the change will be in UAE dirhams.
"Only US Dollar, Euro and Sterling Pound are being exchanged in the same currency," the statement added.
The decision has already been implemented from July 1.
The Indian passengers accounted for 18 per cent of the sales at Dubai Duty Free in 2019 that recorded $2.015 billion in total sales.
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
India moving towards becoming global economic powerhouse: Kovind
_vb_69.jpeg)
Amritsar (PTI): Former president Ram Nath Kovind on Friday said that with digital transformation, economic reforms and a strong focus on the ease of doing business, India is moving towards becoming a global economic powerhouse.
He was speaking after inaugurating the 19th edition of the Punjab International Trade Expo (PITEX) in Amritsar.
The former president said that this 19th edition of PITEX is being organised at a time when India is recognised as one of the fastest-growing large economies in the world.
Speaking at the inaugural ceremony of the event organised by the PHD Chamber of Commerce and Industry (PHDCCI) the former president, while referring to Punjab, said the state is a living example of courage, sacrifice and enterprise.
"The spiritual light of Sri Harmandir Sahib (Golden Temple) inspires peace and humanity across the world. The heritage of Punjab is deep and inspiring," Kovind said, according to a statement issued by the PITEX.
The former president congratulated the PHDCCI for hosting the 19th edition of PITEX and suggested that the chamber should expand PITEX outside Punjab.
He proposed that a similar event should also be held in New Delhi.
