India's main unit of currency, the rupee, is worth roughly 1/55 of a US dollar. In 2010 the government adopted a new symbol for the rupee, but "Rs.," "Re.," and "INR" remain more common abbreviations. Because of governmental regulations, it's against the law to take rupees in or out of India, so you must obtain your rupees from an ATM after you land. When traveling, always carry some rupee bills, because charge cards are far from universally accepted. When paying for small items, keep in mind that many shopkeepers will have difficulty breaking large bills.
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