News From Press Rupee near 80/$: How will it impact your equity mutual funds?

Rupee near 80/$: How will it impact your equity mutual funds?

Source: ET Jul 20, 2022

The Indian rupee has been depreciating against the US dollar and is nearing the 80-mark. It is also pushing inflation up and impacting most equity mutual fund categories. The stock market analysts say that import-oriented sectors might have a tough time for some time because of the falling rupee. In the last one month, many equity mutual fund categories have been in red.

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