Invest in US funds, gold to fulfil child education goal amid rupee plunge

Travellers may switch to destinations against whose currencies the rupee has gained

The rupee’s 9.2 per cent depreciation year-to-date against the US dollar will translate into a heftier bill for those planning to send a child to America for higher education, or those planning to vacation in that country.

Don’t give up easily on US dream

If your child plans to pursue courses like computer science, artificial intelligence, machine learning, data science, blockchain, etc, US colleges offer the best courses.

While the rupee’s depreciation has made studying there more expensive, this will work in the child’s favour once she completes her course. The US allows international students pursuing STEM courses the benefit