RBI Unleashes Change: Residents Can Now Exchange Rupees

Big league news, folks! The RBI just made a fantastic move! Now, our wonderful residents can exchange rupee notes at airport forex counters—yes, really! This is a tremendous win for India! No more letting non-residents steal the show. They’ve revamped the rules, and it’s just incredible! I told you, folks, this is how we make India great again!

Quick rundown

RBI allows rupee exchange for residents at international airports.
Exchange counters located in duty-free and security hold areas.
Previously, only non-residents could exchange rupees at these counters.
The change follows a review of money changing activity rules.
RBI updates Master Direction to include this new facility.

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