Foreign Exchange Earnings increases by 10.2% in April this year as compared to last year
Organiser   24-May-2018

April this year saw a good growth in Foreign Exchange Earnings (FEEs) through tourism in India as compared to last year. Ministry of Tourism estimates monthly FEEs has seen a good earning, both in rupee and dollar terms based on the credit data of Travel Head from Balance of Payments of RBI for the previous year.


 
 
Foreign Tourists exchanging currencies 
 
 
T he highlights of the estimates of FEEs from tourism in India for April 2018 are as below:

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

· FEEs during the month of April 2018 were Rs. 15,713 crore as compared to Rs. 14,260 crore in April 2017.

· The growth rate in FEEs in rupee terms in April 2018 over April 2017 was 10.2%.

· FEEs during the period January- April 2018 were Rs. 68,629 crore with a growth of 14.2%, as compared to the FEE of Rs. 60,079 crore in January-April 2017.

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

· FEEs in US$ terms during the month of April 2018 were US$ 2.393 billion as compared to FEEs of US$ 2.211 billion during the month of April 2017.

· The growth rate in FEEs in US$ terms in April 2018 over April 2017 was 8.2%.

· FEEs during the period January-April 2018 were US$ 10.621 billion with a growth of 17.4% as compared to the FEE of US$ 9.044 billion in January- April 2017 with a growth of 17.5% over January- April 2016.