The Economic Times News

USD vs INR: Is it the best time for NRIs to transfer money to India as Rupee falls below 90 per USD?

The Indian rupee has hit a historic low against the US dollar, crossing 90. This presents a significant opportunity for Non-Resident Indians (NRIs) to convert dollars to rupees, potentially gaining more value. While converting now offers an advantage, experts advise a staggered approach to manage risks and capitalize on future currency movements.