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രുപയുടെ മൂല്യം 54.46

Published on 19 May, 2012
രുപയുടെ മൂല്യം 54.46

Yesterday the USD/Re Inter Bank rate went upto  Rs 54.91 and closed at Rs 54.46. Very good time to remit foreign currencies now.

This rate may remain for few more time. Government and RBI is evolving strategies to prevent further rise.

They are also planning to reduce the interest rates to augment economic growth. NRE Fixed Deposits are very attractive at 9% for period 12-35 months and 8.75% for 36 to 120 months. Can use this rate to open Recurring deposits for longer period to lock the present rate till maturity. Amount will be remitted in monthly intervals only.

Now the NRO deposits can be credited to NRE a/cs and get relieved of TDS. The procedure is very simple. One certificate from a Chartered Accountant and a request from the account holder is the only requirement. If required, we will arrange the local charteded accountants for the same.

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