We lived comfortably when 1 USD was ₹50. We live comfortably when 1 USD is ₹95. We have not become 50% poorer because of this.
Frankly, my view is that for Investors who Earn in INR, Invest in INR & Spend in INR, it doesn't matter.
Now, many would say that our import costs would go up because of this. True. There will an effect. But, is it as big as it was a decade back? Maybe not.
That is where our self reliance comes into being. The India in 2026 is not the same India which was say, 10 - 15 years back. Our structural growth has been solid and many things are being produced in India today. Our energy production is better. Our diplomatic relations are richer. We produce quite a lot.
Are we 100% self reliant? No. And maybe we will never be. But, we are definitely becoming less dependent on other countries for our investments & growth.
In my experience, the effect is not as bad as it could be, if we invest our money consistently. End of day, most of the stuff we consume is produced in India. The effect is not too bad.
Yes, those who never invest in Markets, it would affect greatly anyway. Because money needs to keep growing. That is the bottom line.
Investing in Compounding Assets is Key Here. Invest in India.
Stay the Course !!!!
#FI