BusinessPhoto: NDTV BusinessHow Families Should Budget for Overseas Education Amid Rupee Depreciation
Many Indian families plan for their children's overseas education by estimating tuition fee inflation, typically around 6% annually. However, rupee depreciation against the dollar significantly increases costs over time, making it essential to factor currency fluctuations into financial planning. For example, Rs 1 crore today may need to grow beyond Rs 2.4 crore in 15 years due to both inflation and currency depreciation, impacting savings and budgeting strategies.
NDTV Business·



