Global Factors Are Responsible For Drop In Rupee : Arun Kumar, FundsIndia


The major reasons for the weakening of Indian Rupee against the US Dollar are global factors that include Russia-Ukraine war, rising crude oil prices, tightening of global liquidity and significant FII outflows. In terms of what should be done by investors in their portfolio, if investors have already outsourced this job to a well-diversified proven fund, then they should let the fund manager worry about the currency movements and make any adjustments if required based on their evaluation of the impact on different portfolio companies. A good approach is to diversify across different investment styles/ strategies and stay invested patiently for 5-7 years.

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