TL;DR: Since April 2024, the Rupee's drop to ₹96/$ meant that simply holding foreign currency (USD, GBP, EUR) gave you returns of 15%–25%, while the Nifty 50 only moved ~5%. In this 2-year window.
by Bitter-Train-5961
TL;DR: Since April 2024, the Rupee's drop to ₹96/$ meant that simply holding foreign currency (USD, GBP, EUR) gave you returns of 15%–25%, while the Nifty 50 only moved ~5%. In this 2-year window.
by Bitter-Train-5961
1 Comment
Since we are talking India here let’s throw in gold as an investment vehicle. How did it do? Just an FYI gold is considered a currency with ticker symbol [XAUINR](https://imgur.com/a/DRkrbwf).