Forex from foreign tourist arrival goes up 25.6%

By Staff
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Google Oneindia News

New Delhi, Nov 7 (UNI) Foreign Exchange earnings from tourists recorded a 25.6 per cent hike in 2007 from 12.7 per cent in the previous year, mainly due to rise in rupee against the dollar, the government said today.

Forex earnings in the first ten months of the year was 6,323.46 million dollars. This was 25.6 per cent more than the last year, according to the Tourism Ministry.

However, the increase in terms of rupee was just 16.2 per cent with the total earnings estimated at Rs 26,420.04 crore.

About 39 million foreign tourists visited India this year, recording a growth of 12.4 per cent as compared to the first ten months of last year.

The arrival of foreign tourists was the least in the Month of May.

It was the highest in the month of January.

UNI

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