NRIs beware: Best time to remit cash ending?

.....However, recent moves like hiking the petrol prices by the government and the sale of dollars by the RBI at least show intent by Indian authorities to do something about the rut. While this in itself may not be enough, the fact that the rupee has already depreciated by more than a quarter in less than 10 months, and that the Indian economy is still growing, albeit slower than before, may help support the rupee at current levels................

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