Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Economic Times
The Economic Times
Kshitij Anand

Earning in dollars doesn’t make NRIs better investors: Currency advantage alone isn’t enough

For an NRI earning in US dollars, pounds or dirhams, investing in India can appear to offer an obvious advantage. A stronger foreign currency can translate into greater purchasing power when converted into rupees, allowing overseas Indians to deploy relatively less of their income to buy Indian assets.

But does earning in a stronger currency automatically make an NRI a better investor?

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.