The Indian rupee plunged to a record low for a second time this week at 77.63 against the dollar amid a broader decline in Asian currencies. the USD is up 4.3% against the domestic currency so far this year, according to Bloomberg data.
International investing acts as a hedge against rupee depreciation. With the recent rupee fall, Indian investors in US markets will stand to benefit, say experts.
To get more details on What Ram Medury say on “Rupee Depreciation”, refer to Jama Wealth Blog.