Rupee Rallies Against Dollar: Indian Investors Reap Gains from US Market Exposure

The Indian rupee gained strength against the US dollar today, increasing 9 paise to 87.10 in initial trades. The appreciation is a welcome relief for Indian investors having exposure to the US market, as it boosts their returns. In the last one year, the rupee's 3.5% fall has already increased US investment returns by 4-5%. For example, an investment of ₹1 lakh in US stocks last year would now be worth ₹1.25 lakh, while an equivalent investment in an Indian stock would be ₹1.2 lakh. Experts recommend holding a diversified portfolio to take advantage of currency changes while targeting long-term growth themes in both markets.

 

Source: CNBC TV18, Financial Express, Groww