Please search the forum before asking these questions. This has been answered many times here , here , here , here , here , here and here.
So, once and for all, the quotation currency of a security is not important, what matters is in which currency the underlying business is having revenues/paying costs.
Otherwise, if i follow your thoughts, you would be happy holding on Nestle because the stock is quoting in CHF, right? That would be forgetting that Nestle does an immense majority of its business in India, and by holding it you have a big exposure to the Indian Rupee.
But you know what? Why don’t you do an experiment? Why don’t you check the closing prices of VWRL, both in CHF and EUR since the beginning of the year, and compare it to the EUR/CHF rate since the beginning of the year? The fx rate has already moved a few percentage points.
Depending on the results,
- if it really does not matter, then you settled the question for good
- if otherwise it does matter, then you have found a cool arbitrage opportunity