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10.2% Growth in Foreign Exchange Earnings (in Rupee Terms) in February 2018 over February 2017

Posted : 21 March 2018 05:57:30 | By TWO Bureau | New Delhi

10.2% Growth in Foreign Exchange Earnings (in Rupee Terms) in  February 2018 over February 2017

Ministry of Tourism estimates monthly Foreign Exchange Earnings (FEEs) through tourism in India, both in rupee and dollar terms based on the credit data of Travel Head from Balance of Payments of RBI,

 

The highlights of the estimates of FEEs from tourism in India for February 2018 are as below:-

 

Foreign Exchange Earnings (FEEs) through Tourism (in Rs. terms)

 

  • FEEs during the month of February 2018 were Rs.17, 407 crore as compared to Rs.15,790 crore in February2017 and Rs.13,661 crore in February 2016.

 

  • The growth rate in FEEs in rupee terms in February 2018 over February 2017was 10.2%,compared to the growth of 15.6% in February 2017 over February2016.

 

  • FEEs during the period January- February 2018 were Rs.35,132 crore with a growth of 10.0%,as compared to the FEE of Rs.31,925 crore in January-February 2017 with a growth of 16.8% over January- February 2016.

 

Foreign Exchange Earnings (FEEs) through Tourism (in US $ terms)

 

  • FEEs in US$ terms during the month of February2018 were US$ 2.706 billion as compared to FEEs of US$ 2.354 billion during the month of February 2017 and US$ 2.001 billion in February2016.

 

  • The growth rate in FEEs in US$ terms in February 2018 over February 2017was 15.0% compared to the growth of 17.6% in February2017 over February2016.

 

  • FEEs during the period January-February 2018 were US$5.492billion with a growth of 16.3% as compared to the FEE of US$ 4.724 billion in January- February 2017 with a growth of 17.1% over January- February 2016.



Tags : Growth in Foreign Exchange Earnings, February, TravelWorldOnline


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