Should I take USD or CAD to India?


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sumjo   
Member since: Jun 04
Posts: 351
Location: Mississauga

Post ID: #PID Posted on: 28-09-07 11:57:48

Hi

Just wondering, taking into consideration that the loonie has crossed the USD, whether it would be prudent for me to take CAD instead of USD during my visit to India next month. That way I dont loose any money in converting CAD into USD (cash/TC), although I am not sure as to whether it will be easy to convert CAD into INR in India..............which way can I minimize my loss, CAD or USD?
Feedbacks please, CD's.

Thanx


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sumjo


cdn_dude   
Member since: Dec 05
Posts: 942
Location:

Post ID: #PID Posted on: 28-09-07 12:12:25

Quote:
Originally posted by sumjo

Hi

Just wondering, taking into consideration that the loonie has crossed the USD, whether it would be prudent for me to take CAD instead of USD during my visit to India next month. That way I dont loose any money in converting CAD into USD (cash/TC), although I am not sure as to whether it will be easy to convert CAD into INR in India..............which way can I minimize my loss, CAD or USD?
Feedbacks please, CD's.

Thanx



C$ can be converted to the INR with equal ease (par with the USD). Therefore, there is no advantage that I see in converting C$ to US$ and then taking it to India for the further conversion to the INR.





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