Rupee hits record low: What it means for students, travelers, and investors
The Indian rupee just dropped to about ₹91 against the US dollar this December, sliding nearly 3% in a year.
This dip is making overseas education and travel pricier—but there's a silver lining for those investing abroad.
Studying and traveling abroad just got costlier
If you're planning to study overseas, expect higher tuition, forex charges, and living expenses—many families are now spreading out payments or seeking extra financial aid.
Students on scholarships are picking up campus jobs or reaching out to universities for more support.
For travelers, everything from flights to hotel stays has jumped 10-15%. Booking early helps dodge last-minute spikes; using forex cards or premium credit cards can also soften the blow with better rates and loyalty points.
Overseas investments: A rare win
On the flip side, a weaker rupee actually boosts returns on overseas investments when you bring money back home.
Sectors like AI (which aren't big in India yet) look especially attractive right now.
If you're investing abroad, steady phased investments seem smarter than trying to time every market swing.