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How should I think about INR/USD currency risk when I hold assets in both countries?

Currency risk means the value of your Indian assets, measured in the dollars you'll actually spend, swings with the exchange rate — and the rupee has trended weaker against the dollar over decades. If you plan to retire and spend in the US, holding large rupee balances is a bet you may not intend to make: even a flat Indian investment can lose US purchasing power if the rupee depreciates. The cleanest hedge is to match your assets to your spending currency — hold US-spending money in dollars. FCNR deposits let you keep Indian-bank money in foreign currency to sidestep rupee risk on that slice. Avoid trying to time exchange rates; instead, decide what share of your wealth needs to be in dollars for your future and migrate toward it steadily. wealthserene.com/tools/return-to-india helps model staying versus consolidating.

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Educational disclaimer. Everything on WealthSerene.com is educational and is not investment advice. Projections and calculations are illustrative; actual results depend on market conditions, your situation and factors outside this tool’s scope. For a decision specific to your situation, consult a qualified financial professional. View full disclosures