FX & Currency #dollar#currency
From kirana to currency: Small towns are scrambling for dollars
Small towns have surpassed major cities in India's foreign exchange demand, driven by international travel, education and business spending. Reports from Mastercard, ClarityX, MapmyIndia, TOI and Worldpanel document rising retail, housing and premium consumption in tier-2 and tier-3 markets. Treasury and finance executives should note the broadening base of dollar demand beyond metropolitan India.
Aug 18, 2026 1 source