Festival Season Expected to Boost Remittances Amid Falling Rupee Vijay Valecha, Chief Investment Officer at Century Financial, sheds light on the trend of falling rupee and its potential implications
ONAM IMPACT: Anticipated Increase in Gulf-Based Expat Indian Remittances During Onam Festival Currency market experts are projecting that the rupee could reach levels beyond INR 84 against the US dollar in the
Reserve Bank of India wants Indian rupee to be a global currency At present, the rupee is not an international currency because it is not fully convertible on capital accounts, and unrestricted
NRIs in Gulf urged to open rupee accounts For many decades, India’s trade with Bhutan and Nepal has been in Indian rupees. Recently, Sri Lanka included the Indian
India and Malaysia move to settle trade in INR The Indian Ministry of External Affairs (MEA) issued a statement, which is a step further to the RBI’s decision in
Gulf NRIs drive sale of Indian property Premium residences by renowned developers with good construction records, ready to move in or nearing delivery are the most sought
RBI could replenish forex reserves with help from NRIs “The central bank should intervene to ensure that a falling currency does not eclipse India’s fundamentals.” — Abheek Barua, HDFC
Indian expats in GCC have been investing in property as Rupee nears 80/$ “If you study rupee over the long term, you will find that after every depreciation rupee consolidates for a long