Page 2 Foreign Currency: Latest News and Updates, Top Stories, Videos, Photos About Foreign Currency

Foreign Currency News

How much foreign currency can you take from India while on a business trip abroad?

There is a difference in the amount of foreign currency that you can avail while on a private trip and on a business trip to a country abroad from India. For business trips abroad to countries, other than to Nepal ...

How much foreign currency can Indian students avail for studying abroad?

There are a few important aspects that Indian students studying abroad should remember with regards to limit of foreign currency they are allowed to avail and carry, while studying abroad. We have explained a few other things that Indian students should ...

RBI to compute Real Effective Exchange Rate based on CPI as against WPI

The Reserve Bank of India has said that the Real Effective Exchange Rate based on CPI as Price Index for India made it clear that henceforth i.e. from the financial year 2014-2015 it shall use CPI or Consumer Price Index as ...

What are the withdrawal restrictions for FCNR bank deposits?

FCNR deposits are being promoted largely by banks due to the swap deal allowed by banks on such deposits. Know about FCNR swap deal. FCNR deposits which can be held by both NRIs or PIOs as term deposits with banks based ...

A quick look at NRE Deposit rates in India

In an economic environment, when government along with RBI are leaving no stone unturned to attract foreign currency into the Indian market, interest rates on NRE deposits have also been revised upwards to woo investments from NRI community. As such owing ...