NRI Finance

NRI Finance

The questions that kept me up after I left India: is the money safer in rupees or dollars, what does the taxman in each country actually want, and am I quietly losing to the exchange rate every year? I dig up the real answers, keep the maths in plain sight, and leave the deciding to you.

NRI Finance · 29 Jun 2026

For once, the dollar deposit is the interesting one

The RBI's June 2026 swap window pushed FCNR(B) dollar rates to 6–7.1% — tax-free, no rupee in the trade. Why it lands hardest for a UAE NRI, and the two catches.