Impact of Exchange Rates on NRI Account Deposits

For most NRIs, investing in India is not only a financial decision, but it is also emotional. However, there is one factor that many individuals overlook, i.e., currency exchange rates. Here is the truth: exchange rate movements can subtract or add 15-20% to your investment returns over three years. This is more than the interest you earn on your account deposits. Yet 80% of NRIs do not understand the impact of exchange rates on their deposits and make the currency conversion decision at the wrong time.

Further, to help you out, in this blog, you will get to know the impact of exchange rates on NRI account deposits, and when the timing actually matters, additionally, about the specific strategies you can implement in this situation. So read on and get all the information.