Stocks India 2010
Is it possible for me, with my U.S. $ to take advantage of rupee appreciation in India soon?
In the past 40 months the Indian rupee has appreciated more than 25% against the U.S. dollar. The exchange rate has risen from 51 rupees to a dollar to just 40.6 rupees per dollar. And experts CFOs expect that trend to continue, with the rupee can be as high as 30 rupees per dollar in 2010. How I can I, an American with my money invested in dollars, to take advantage of the Indian rupee remarkable growth? Do I have to change all my money to rupees? Should I invest in Indian stock market? Buy bonds with the Indians? If I keep my money in dollars, then the value of my money will go down in relation to the rupee. But if you change to rupees now, before the dollar falls further, then my money will remain secure, or strengthen, not? PS I must add that I intend to live and work in India for at least several years in the near future and maybe forever.
Because the regulation of India, is very difficult for retail investors in the United States (us) to direct investment in the market local values, access this market has generally been limited to U.S. institutions. Operational, regulatory, and fiscal challenges related to the Indian market do not allow easy access to all but the most experienced investors and larger. So I think you should look for total return index, off, Barclays iPath MSCI India Index. The symbol INP. Its shares are traded as a share (Exchange Traded Fund) and is liquid. I attached an informational video of former financial analyst Barclays India covering the top, so that you can learn the strengths and weaknesses of the investment India at this time. Good luck.
Stock picks for April 30, 2010