Falling Rupee Adds to India’s Economic Woes

India’s currency – the rupee – has fallen to an all time low in recent weeks, putting pressure on nearly every facet of the once booming economy.  The depreciation is affecting many who are already hurt by the country’s high inflation rate.
New Delhi resident Jaskaran Lamba knew pursuing a Masters in Public Administration at Columbia University in New York would be expensive.

What he did not count on was a 13 percent drop in the rupee’s value in just two months to reach a …

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