The impact of Indian rupee's decline is being felt by students planning to study abroad. "A year ago, when the rupee was around ₹83/dollar, a US university charging $40,000/year, cost...₹33 lakh. With the rupee now weaker, the course costs over ₹36 lakh," explained Prithvi Exchange MD Pavan Kavad. The same monthly remittance would buy less food and less comfort abroad.