subject: Why Should Nri Invest In Forex [print this page] India needs to fully tap the investment potential of NRIs and their entrepreneurial skill, like they have increased their contribution in social and economic areas like education, healthcare, and skill development and supplement the efforts of the government to promote inclusive growth of India. Though we have witnessed ups and downs, this period has transformed our country and catapulted it into the centre stage in the world. We are widely recognised as a major driver of global growth.
The Market Capitalisation and number of participants are more than Rs. 4000 Cr, which is increasing day by day but NRIs are not permitted to purchase plots of land/plantations/farm houses. Even commercial real estate is subject to a plethora of limiting regulations. Savvy HNI NRIs are investing in Dollar-Denominated bonds to diversify their portfolio as they can do it by investing in International Forex Market.
NRIs, being globalised people, have large exposure to the numerous countries. They savvy well the various economies and the basis of their movements. This knowledge can be utilised by them in the Forex Market and can earn the enormous profit out of it.
The rupee was quoting at 44.8001 against the US dollar seven months ago, and has depreciated 18.28% since then. A falling rupee is not the best news for us, but it definitely is for exporters and NRI investors who will receive more rupee funds on conversion. Given the current scenario, NRIs have some good investment options to park their surplus funds.
Invest huge amount & go through lots of Laws & regulations , when the Forex Trading services are available at your door step. NordFx an International Forex Broker is there which provides Online Forex Trading facilities to all its clientele around the world. One is not required to move anywhere. What requires is just one PC & internet connection and your willingness to do Forex Trading.
NordFx provide the NRIs an opportunity to make their mark in International Forex Market. NordFx is always ready to serve NRIs in their native language from its Representative office in India. www.nordfx.com/?id=453162
Kindly provide us the privilege to serve our fellow Indians around the world.