Tag: NRI
Fresh NRI deposits double to $6 billion! Why NRIs are parking more forex in India this year
NRIs park more forex in India! Fund flows into FCNR (B) deposits, designed for non-resident Indians (NRIs), have more than doubled this year, indicati [...]
NRIs’ rupee, forex deposits bolstered reserves in FY23
The Reserve Bank of India's moves to attract funds at a time when foreign exchange reserves were sliding due to selling by overseas investors has turn [...]
Forex Kitty, Nri Flows Support Rupee In War | Mumbai News
MUMBAI: In the year since the Russian invasion of Ukraine, the rupee has weakened by almost 800 paise or 9.8% against the US dollar. Although the decl [...]
How India’s inflationary pressures will affect NRI savings, investments
Dubai: Inflationary rises in the Indian economy is starting hurt consumers and investors - with NRIs facing uncertain returns on their savings and in [...]
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