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Indian travellers unfazed by rupee fall

In similar vein, Thomas Cook India President & Country Head - Holidays, MICE, Visa & Passport Services Rajeev Kale said the rupee depreciation has had no adverse impact on the company's outbound bookings.

August 16, 2018 / 20:40 IST
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Representative Image
Representative Image

The falling rupee has had no adverse impact on the outbound travel plans of Indians, Thomas Cook India and Cox & Kings today said. However, travel firm Yatra.com said it is likely to impact outbound tourism from India.

The rupee continued its slide and today slumped 43 paise against the dollar to trade at an all-time low of 70.32 on strong demand for the US currency.

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"The weakness in the rupee against the dollar has not had any impact on the travel plans of Indians," Cox & Kings Relationships Head Karan Anand said.

In the last eight months, the rupee has fallen over 8 per cent against the dollar. However, this has had little impact on people taking trips to dollar destinations, he added.