Investing in Currencies

Investing abroad has become mainstream for Indian retail investors. International mutual funds, exchange-traded funds, overseas brokerage platforms and liberalised remittance rules have made foreign markets easier to access than ever before. People want to invest in businesses and sectors that have limited representation in Indian markets. Technology giants, semiconductor manufacturers, healthcare innovators and global consumer brands draw strong interest from Indian households looking to diversify wealth beyond domestic equities. That said, foreign investments are shaped by currency movements, taxation rules, geopolitical developments and economic cycles that behave differently from India’s markets. Financial...