is not a problem now as Indian Economy has liberalized
itself. There are lots of money exchangers in Delhi. You
will find a lot of kiosk near Railway station but try
and stick to the government authorized ones. Rate slightly
varies from kiosk to kiosk so bargain for the best one.
The major centers are Connaught Place and Pahargunj. The
one at Connaught place are well maintained and provide
other supports apart from money exchange. Almost all of
them have boards displaying the latest forex rates and
are integrated with the forex market so they get updated
every hour. If you want to save extra dough, then head
for Pahargunj. Though operators in this area are a bit
dicey, just keep your eyes open and you might get better
All the major hotels including budget hotels have their
own in house money exchangers and they go by the latest
market rates. These are displayed on electronic boards
too. International providers such as Visa, Master card
and Maestro provide their services in Delhi. International
money transfer giant, 'Western Union Money Transfer'
also operates from the city.