If
you have any financial query, regarding where to put your
money our panel of financial consultants will answer them
for you.
Question &
Answer
Questions :
which is better investment option FCNR or NRE in terms of
return considering the likely depreciation of rupee .
Answer :
In view of the depreciation of the rupee (in the past and
likely to happen) in future CNR looks a better bet .But one
should lock in FCNR rates in the short to medium term as FCNR
rates should move up in the interim period . Also in dollars
you have other investment opportunities like dollar bonds
, structured notes .
Questions:
Are there any funds in Indonesia investing in international
markets and since markets like the Dow have fallen so drastically,
do you think now is a good time to,invest?
Answer:
Most of the funds investing in international markets are
offshore from Indonesia.
In the longrun equities have generally outperformed other
investments If you are a longtime investor then entering at
this low level of Dow maybe a good idea depending on your
time horizon / funds requirement and risk appetite .
Questions :
sir, i am working in jakarta. my question is if you have some
hard money, then here to keep that money, is it safe to invest
here in indonesia, or sent to india, and in Indiawhere to
invest that money, either keep it in NRI account(and under
which policy) if possible give all details regarding this
matter.
Answer:
There are NonResident Indian Business Depts operating in various
banks of jakarta like HSBC , Citibank , SBI , Bank of India
to deal specially with this issue . You should invest in a country
and business of which you have some information / knowledge
and eventually faith / confidence .
Each of these banks have investment options though with a minimum
cutoff mount and a minimum lockin period . So evaluate the same
vis-a-vis your time horizon and risk appetite and then make
your decision .