Exchange Rate Risk in NRE Account (USD to INR)
Let’s say you deposit 1000 USD to the NRE account at an exchange rate of 70 INR to the XYZ bank. The XYZ bank gives inte...
NRE accounts
Let’s say you deposit 1000 USD to the NRE account at an exchange rate of 70 INR to the XYZ bank. The XYZ bank gives inte...