New Delhi, April 2 -- The Reserve Bank of India (RBI) has allowed people to exchange Indian rupee notes at foreign exchange counters located in the departure halls of international airports, expanding an earlier provision that applied only to non-residents.

In a circular issued on Thursday, the RBI said the decision was taken after reviewing the existing framework governing money-changing activities at airports.

"On a review, it has been decided to allow residents (along with non-residents) to exchange Indian Rupee notes at foreign exchange counters at the departure halls in the international airports established in the Duty-Free Area or Security Hold Area beyond the Immigration or Customs desk," the RBI said in the circular.

The centr...