What to Keep in Mind While Investing Overseas
Delhi-based housewife Archana Gupta wants to send her 14-year-old daughter abroad for higher studies. There is, however, one big challenge before her. The 45-year-old is worried about the depreciating rupee, which means she will have to shell out more than just the college fees to cover the currency risk. Consider this: On December 20, 2011, $1 was equal to Rs 52.77, while on December 20, 2021, it was equal to Rs 75.84. It is for this reason that she and her businessman husband are considering investing in equities in international markets as, along with higher returns, it also hedges against currency fluctuations.
Original Article Source Credits: Business Today , https://www.businesstoday.in/
Article Written By: Teena Jain Kaushal
Original Article Posted on: Jan 23, 2022