No curb in exchange of Qatari Riyals in the country, says Reserve Bank of India

There have been many reports in social media that some exchange houses in India are refusing to change Qatari Riyals for local currency after they were given a directive by competent authorities.

The Peninsula had earlier reported that some airports in the country were not accepting Qatari Riyals for exchange. They had pointed out to a tweet made by a user as the basis for it.

today at Goa (india) Qatari Riyal is not Exchange Here and said they have instructions from @RBI not to accept. @arunjaitley @SushmaSwaraj pic.twitter.com/EzMmxf305D

— no 1 Can Defeat Hind (@shahedatweets) June 19, 2017

However, the Indian Embassy in Doha had tweeted out a clarification saying no such orders were in place. 

today at Goa (india) Qatari Riyal is not Exchange Here and said they have instructions from @RBI not to accept. @arunjaitley @SushmaSwaraj pic.twitter.com/EzMmxf305D

— no 1 Can Defeat Hind (@shahedatweets) June 19, 2017

And now, the Reserve Bank of India itself have come out with a clarification letter, on its official website, saying that no such ban was in place.

“It has come to the notice of RBI that certain entities authorised under the Foreign Exchange Management Act to deal in foreign exchange, are not undertaking the exchange of Qatari riyals in India. It is clarified that the Reserve Bank has not issued any instructions restricting the exchange of Qatari riyals in India,” Qatar Tribune reported the apex bank as saying in Mumbai.

There had been earlier reports that Sri Lankan banks were not accepting Qatari Riyals for exchange, but those later turned out to be erroneous reports as well.

Dear QLers, have you had any problems in exchanging money since the imposition of the illegal GCC blockade?