Currency risk is one the biggest investment risks you can take IMO. Since you have close ties to India, you can probably monitor those risks more carefully, and if you plan on spending time in India, it is then your main currency, so doesn’t matter. Everbank are pretty good at answering questions, and will call you back the next day. You are right about interest rates, and it is the bain of my life. I really wish there were alternatives, but apart from carefully researched real estate and waiting, I don’t see much else. You could probably earn more by switching to a cheaper auto insurer or shopping at Costco than investing. Spend less and save more to counter the effects and finger the central banks. I’ve had several foreign banks accounts over the last ten years and never been audited (touch wood).
