Weak rupee affects overseas students and international travelers in India

timesofindia.indiatimes.com February 4, 2025, 09:00 PM UTC

The Indian rupee has fallen to over 87 against the US dollar, impacting overseas students and international travelers. Students like Urmi Bhatia in New York are considering part-time jobs to manage rising living costs. Travelers are also concerned about increased expenses for upcoming trips. Reema Shah, planning a visit to the US and Canada, worries about the cost due to the rupee's volatility. The weak rupee benefits non-resident Indians (NRIs) buying property in India, as their disposable income increases. NRIs now account for about 17% of real estate investments in India, a figure expected to rise to 20% by 2025.


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