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Major Factors That Affect Foreign Exchange Rates
One of the most essential ways to gauge a country's relative economic health is to look at its foreign exchange rate (ForEx rate). The foreign exchange rate of a country is a window into its economic stability, thus it is closely ...
5 Most Traded Currencies In The World 2021
Other than the value of the currency which our portal has discussed previously, you may even be curious to know which are the most traded or accepted currencies world over. So, here is a quick run through the world's top 5 ...
Foreign Currency Exchange: List of things to consider
One of the most important things which an individual has to take into consideration, if they are planning for a foreign trip or if they are looking out travelling abroad shortly is to get the currency exchange done. The maths which ...
Foreign Currency Bonds: Should The RSS Oppose It?
The Swadeshi Jagran Manch, the economic wing of the Rashtriya Jagran Manch has opposed the issuance of Foreign Currency Bonds. "We can't allow this to happen," declared Ashwani Mahajan, the co-convenor of Swadeshi Jagran Manch (SJM), the economic wing of the ...
5 Things To Consider Before Exchanging Foreign Currency
Foreign exchange is nothing but exchanging of currency one with another. This situation may arise due to various reasons like traveling abroad, studies, etc. Or, individuals staying abroad transferring money to their family. According to Foreign Exchange Management Act, 2000, you ...
How much foreign currency can you bring to India?
There is no limit on foreign currency one can bring to India. However, one must keep in mind that if the total amount of the foreign currency, bank notes or travellers cheque exceeds the limit of USD 10,000 or equivalent then ...
Can you get loans against NRE Term Deposits?
If you have an NRE Term Deposit with any bank in India then you can get loans against that account. You can avail at least 85 per cent of your term deposit amount as loan. The maximum limit of loan ...
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