Rupee's weakness: Achieve dollar goals with US funds and gold in portfolio
Last Update Date: 06-10-2026
Published by Business Standard
Abhishek Kumar's role: Quoted
Abhishek Kumar explained that currencies of countries with stronger productivity, smaller trade deficits and lower inflation tend to hold up, noted that a weaker rupee makes gold costlier, and pointed to US equity funds for geographic spread and gold mutual funds for ease and liquidity.
More of Abhishek's views on mutual funds
The article explains why the rupee has weakened against the US dollar, from broad dollar strength and US policy expectations to foreign outflows and inflation gaps. It discusses how dollar-linked goals such as overseas education and travel become costlier, and how US equity funds and gold can help hedge.
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Rupee's weakness: Achieve dollar goals with US funds and gold in portfolio