New Launch12 Aug 2026, 04:27 pm
Thomas Cook India Launches Forex Report 2026
AI Summary
Thomas Cook (India) Limited has launched its India Forex Report 2026, analyzing forex transaction data from April 2025 to March 2026. The report reveals significant shifts in Indian consumer behavior regarding foreign exchange. Key findings include a growing contribution from Tier 2 and Tier 3 cities (53%), increased demand for destination-specific currencies beyond the US Dollar, and accelerated digital adoption by younger consumers (25% now transact digitally). The report also highlights a shift towards card and digital payment methods, expansion of study abroad demand beyond traditional corridors, and a strong preference for forex cards among corporate travelers (84% usage).
Key Highlights
- Emerging India (Tier 2/3 cities) drives 53% of forex demand.
- Destination-specific currencies gain prominence over USD.
- Digital forex adoption accelerates, especially among younger users.
- Forex cards preferred by 84% of corporate travelers.
- Study abroad demand expands beyond traditional routes.
Price Impact
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