The foreign currency against domestic currency is the buying and selling
Japanese Yen
Amount of foreign currency taken in while travelling Indian flights?
euro
Pre-shipment Credit in Foreign Currency is referred to as PCFC in the Indian banking circles. Some times referred to as Packing Credit in Foreign Currency.
Lakhs and Crores to Millions and Billions
euro
More foreign Direct Investment in Indian companies More earning of foreign currency for the government More export opportunities for the Indian companies More product choice for the Indian customers. More opportunities for the students going for higher sties, job seekers abroad, etc. Enhancing GDP Stronger Indian currency
In normal savings account, you deposit Indian money (rupee) and you can withdraw it in the same indian money. In nre account you can only deposit foreign currency and you withdraw indian currency. you cant deposit indian money in this account
See the link to - Universal Currency Converter
This type of account is called "foreign currency account".
Who is the signatory on the Indian currency
value of Indian currency in dollar is continuously changing thing.