The Indian Rupee hit a new low of 93.97 against the US Dollar on Monday. Rising crude oil prices and global tensions are weakening the currency. The Reserve Bank of India intervened to prevent a sharper fall. Analysts expect further volatility. Asian currencies also saw declines amid a global risk-off sentiment.
Allocate 10–25% globally, use ETFs for diversification: Himanshu Kohli of Client Associates
Amid geopolitical tensions and market volatility, investors are advised to diversify portfolios internationally, allocating 10-25% to global markets for resilience and currency diversification. ETFs offer