Non resident bank accounts are maintained in ........

Economics- Phase (I & II) Balance of Payment and Foreign Exchange Markets

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Non-resident bank accounts are maintained in

the permitted currencies

the currency of the country of the bank maintaining the account

the currencies in which FCNR accounts are permitted to be maintained

Indian Rupe

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Explanation:

NRO Accounts are maintained in INR. This means that when you deposit the money in the NRO Account, the foreign currency is converted to Indian rupees at the prevailing foreign exchange rates. It is used to house funds from your income that you have earned from India or abroad.