UAE NRIs: Should you keep your dollars abroad or move them into FCNR (B) deposits?
UAE-based NRIs face a choice between keeping their dollar-linked savings abroad and moving some funds into FCNR(B) deposits in India for fixed returns. With the rupee’s long-term depreciation and attractive FCNR rates, experts say NRIs should weigh returns, liquidity, taxation and investment goals before deciding.
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