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Rupee Against Dollar by arunava

View this thread on: hive.blogpeakd.comecency.com
· @arunava ·
$1.55
Rupee Against Dollar
<center>

![image.png](https://files.peakd.com/file/peakd-hive/arunava/23xVeaK7k11XpMLxMJW6zZenY6GxNmmuhmwhZHgz7oDVXKWSpE3tqyVHMo2zCqMTShu4f.png)
[Source](https://unsplash.com/photos/gHQF8348Cq0)
</center>

The rupee has been depreciating for the last few months against the Dollar and this has almost everyone concerned and doubting if India will undergo the same Financial Crisis as Srilanka has faced recently. I want to straight up tell you that no India will not go through the same Economic Crisis as Srilanka as its Forex Reserves are still pretty good and India is indeed taking a lot of steps to strengthen RUPEE against the Currencies of the world. But this is not going to be a post talking about the steps India is taking to bolster RUPEE against the World but rather how you can take opportunities out of it.

<center>

![image.png](https://files.peakd.com/file/peakd-hive/arunava/23tHbr9yn8Nm4DDzTNS5yJffKQbwWaMfrgEdP1bbmo7NUrQqdRaoPj5hgrCDW9PQDJfGn.png)
[Source](https://www.xe.com/currencyconverter/convert/?Amount=1&From=INR&To=USD)
</center>


Historically speaking Indian Rupee has always depreciated in value in comparison to US Dollar when taking a long-term approach so the first thing you should do is allocate a slight amount of your Portfolio into US Indices or if you are good in the Art of Licking Stocks then Invest directly in US stocks. By doing this you will gain an extra ROI against your Investment which will come from the devaluation of the Indian Rupee.

Another thing that is awesome for us is that when we write posts here in Hive we get paid in HIVE and HBD which we exchange for USDT which means we are already earning in Dollars so we are already gaining from the Depreciation.

So yeah this depreciation of the Indian Rupee could be seen in a positive way if you are hedged properly.



![26uUsAjKTsXCDw7zixZR182JbFKvgzJ9YwsFpTVcRaGCmsqhA1unTgpqNT9kMxUct9RXCCeDFr3oKjXmHKMQNwnpGDEzeufjGTW25GTZSLZF4aAPTzuToAx2L71NhxT6TpMz1huS1TKRyZ78twzZsNaBWAJLUpSqHTveyU.png](https://files.peakd.com/file/peakd-hive/arunava/23ynMzJiApWJV3693dAkhinwiJHUntHC7SvSkeXVHeRsvrQGEMH9yUiSyQRpdtDhx63Ke.png)


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