Saturday, December 03, 2016

NRIs race for cash at airport exchange counters

Post-demonetisation, the Indian expatriate community coming home for a holiday may not have fully reckoned with what's in store for them until they step on the tarmac of the Jaipur airport.
Most of them can be seen running to money exchange counters so that they manage to get their hands on some cash before the counters run dry again.
The waiting period at these counters can extend up to an hour at the airport, and many have to leave empty handed as these money changers quickly run out of cash.
The airport has become a sort of running track with NRIs along with other visitors rushing to them soon after the immigration check.
Himat Singh, who came to Jaipur from Sharjah after two years, had to wait for almost 45 minutes before he could exchange some money.
He could exchange only Rs 6,000 as cash was in short supply at the counter.
The Airport Authority of India (AAI) has allowed a scheduled commercial bank to open and operate a currency exchange counter on a temporary basis.
But the facility is available at only one counter in Jaipur. Moreover, as most international flights from Gulf arrive at odd hours in the morning, the shortage of cash is causing trouble for those who have to travel to other parts of the state.
03/12/16 The Times Of India
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