Comments on: Tapping India’s diaspora to salvage rupee http://blogs.reuters.com/globalinvesting/2013/08/21/tapping-indias-diaspora-to-salvage-rupee/ Insights behind the investment headlines Wed, 16 Nov 2016 21:43:49 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: CVE http://blogs.reuters.com/globalinvesting/2013/08/21/tapping-indias-diaspora-to-salvage-rupee/comment-page-1/#comment-146114 Wed, 21 Aug 2013 20:36:41 +0000 http://blogs.reuters.com/globalinvesting/?p=10132#comment-146114 NRI bond (6-7% interest is way too low)! Why on earth would NRI’s want to save the Rupee, this is a good thing for them,
it enhances their buying power on the short run. They would rather wait till the Rupee hits Rs. 70/- to a dollar.
As for the Indian govt it is a non functional mess, you are not going to get any economic reforms.

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