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The Economic Times
The Economic Times
Kshitij Anand

ETMarkets NRI Talk | Rupee at 96: Why NRIs should think twice before sending more money to India, says Sachin Sawrikar

With the rupee hovering around 96 to the US dollar, currency depreciation is becoming an increasingly important factor for NRIs investing in India.

While a weaker rupee means more rupees for every dollar remitted, it can also erode the dollar value of INR-denominated investments over time.

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