U.S. dollars no longer accepted at Indian tourist sites

U.S. dollars no longer accepted at Indian tourist sites

The Associated Press

No U.S. dollars, just rupees please.

In a sign of how the once-mighty U.S. dollar has fallen, India's tourism minister said Thursday that U.S. dollars will no longer be accepted at heritage tourist sites, including the Taj Mahal.

For years, the dollar was worth about 50 rupees and tourists visiting most sites in India were charged either $5 or 250 rupees.

But with the dollar at a nine-year low against the rupee —falling 11 per cent in 2007 alone and now hovering at around 39 rupees — that deal has become a losing proposition for the tourism industry.

The tourism minister said, though, that the decision was only in part a reaction to the currency's plunging value.

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http://www.cbc.ca/consumer/story/2008/01/03/rupees.html

Funny how things change- listen to what they said before the Iraq war:



http://www.time.com/time/magazine/article/0,9171,998512,00.html

Dollars were powerful when oil was traded with them. Now, watch greenback get flushed.

Before America is no more?

"Amero"

:scared:

:shrug: