Expat Indians in UAE cash in on low rupee
The falling value of the rupee is causing turmoil in India, causing capital to fly out of the country and forcing up the price of imported basic goods.
However, expatriate Indians in the Gulf are having a field day from it.
Money remitted to India by workers in the UAE has become much more valuable when converted into rupees and many are now choosing the moment to feed major savings back to India.
Jeremy Howell reports on the winners and losers of India's currency collapse.
08 Sep 2013
- From the section Business