US Dollar Price is Increasing compare to INR Can I invest money in Dollar?


US Dollar Price is increasing since past few years. I am from India. Can I make investment in dollar?

1 answer

sgrowthfp Staff May 23, 2016

You can not purchase dollar in India directly and keep it. However you have following method to invest in dollar.
(1) By doing Forex Trading
(2) FT India Feeder Franklin US Opportunities Fund or any other equivalent fund.
However, looking at current conditions dollar will rise up to maximum 69 Rs.


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