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Does somebody know how these things work? Lets say I invest $100 in MINDX (India fund) or VEIEX (vanguard emerging markets fund). Now lets say dollar falls by 10%, does that mean the funds will go up by 10%?

Logically I think they should. If the fund moves the money to India, then exchange rate would also play a role in the pricing. Essentially I want to take advantage of falling dollar but I am not sure if just investing in international/Indian/European markets is enough.

Thanks in advance for your help
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