Foreign exchange earnings from tourism up 21.8% in 2012

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Foreign exchange earnings from tourism up 21.8%
Foreign Exchange Earnings (FEEs) from Tourism during the year 2012 was up by 21.8% as compared to FEEs of 2011.

Foreign Tourist Arrivals ( FTAs) in the country also registered an increase of 5.4% during the year 2012 as compared to FTAs of 2011.

Earnings from tourism in rupee terms during 2012 were Rs 94,487 crore with a growth of 21.8% as compared to the FEEs of Rs.77,591 crore with a growth of 19.6% during the year 2011 over 2010. 

During the month of December 2012 were Rs.10,549 crore as compared to Rs.8,870 crore in December 2011 and Rs.7,039 crore in December 2010.

Earnings in terms of terms during the month of December 2012 were US$ 1.93 billion as compared to FEEs of US$ 1.69 billion during the month of December 2011 and US$ 1.56 billion in December 2010.

The growth rate in FEEs in US$ terms in December 2012 over December 2011 was 14.4% as compared to the growth of 8.3% in December 2011 over December 2010.

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Read more about: foreign exchange, dollar
Story first published: Tuesday, January 8, 2013, 15:05 [IST]
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