03.04.2013 - How to deal with currency risk
India’s above average economic growth has attracted not only domestic, but also overseas investors. If you are a non-resident Indian (NRI) who remits money onshore, you are in a unique place given the long-term investment opportunity in the Indian equity market. An aspect of investing that you should consider is currency risk, which you face when converting funds from another currency to invest in Indian rupees. A part of the return gets hit by the change in the value of the rupee. Typically, this is the rupee value against the US dollar...............................................Full Article: Source
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