{"id":52506,"date":"2025-08-07T17:19:13","date_gmt":"2025-08-07T17:19:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/52506\/"},"modified":"2025-08-07T17:19:13","modified_gmt":"2025-08-07T17:19:13","slug":"euro-hits-record-high-against-rupee-europe-trips-get-costlier","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/52506\/","title":{"rendered":"Euro hits record high against rupee, Europe trips get costlier"},"content":{"rendered":"<p>The euro climbed to an all-time high of \u20b9102.3763 against the Indian rupee, according to the <a href=\"https:\/\/economictimes.indiatimes.com\/topic\/reserve-bank-of-india\" target=\"_blank\" rel=\"nofollow noopener\">Reserve Bank of India<\/a>\u2019s reference rate published on August 7. This marks the steepest valuation of the euro in rupee terms, pushing up travel costs for Indian tourists planning trips to <a href=\"https:\/\/economictimes.indiatimes.com\/topic\/europe\" target=\"_blank\" rel=\"nofollow noopener\">Europe<\/a>.<\/p>\n<p>The strengthening of the euro comes amid global market volatility, capital outflows, and weakening demand for the rupee. The euro has appreciated by 15% against the Indian rupee between January 1 and August 7, 2025, significantly raising the rupee cost of euro-denominated expenses.<\/p>\n<p>What this means for your Europe travel budget   Day-to-day travel is now costlier<br \/>Tourists will now need over \u20b9102 for every euro spent on food, local transport, attractions, and shopping.  Visa and insurance fees are up<br \/>With euro-denominated charges, the actual amount paid in rupees for Schengen visas and travel insurance policies has increased.  Forex card and currency exchange cost more<br \/>Loading \u20ac1,000 on a prepaid travel card now means spending \u20b91,02,376 or more, excluding bank charges and mark-ups.  Old package quotes may no longer hold<br \/>Fixed-quote tours and group packages issued earlier may be revised, with either reduced inclusions or additional charges.  Ways to manage costs ActionImpactLock in forex rates nowIf the rupee weakens further, early forex purchases may prove cost-effective.Book in INR when availableMany booking platforms allow transactions in rupees, shielding you from further euro volatility.Choose offbeat or non-euro destinationsCountries like Hungary or Poland, which don\u2019t use the euro, may offer better value.Travel during shoulder seasonLower airfare and hotel rates in months like March and October can offset currency losses.With the euro officially at \u20b9102.3763, the cost of a Europe vacation is now significantly higher for Indian travellers. Adjusting plans early could help limit the impact of further currency fluctuations.<\/p>\n","protected":false},"excerpt":{"rendered":"The euro climbed to an all-time high of \u20b9102.3763 against the Indian rupee, according to the Reserve Bank&hellip;\n","protected":false},"author":2,"featured_media":52507,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[45,49,48,35638,46,35635,3456,35640,35637,33645,35641,35639,35636],"class_list":["post-52506","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-ca","tag-canada","tag-cost-of-europe-travel-for-indians","tag-economy","tag-euro-to-inr-exchange-rate","tag-europe","tag-forex-card-charges","tag-india-rupee-depreciation","tag-reserve-bank-of-india","tag-schengen-visa","tag-schengen-visa-fees-increase","tag-travel-to-europe-from-india"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/52506","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=52506"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/52506\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/52507"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=52506"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=52506"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=52506"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}