Rupee Plunges to Record 91/Dollar: What it Means for Investors, Travelers, Students

• Indian Rupee hit an all-time low of 91 per dollar in December, impacting foreign purchasing power.
• Foreign institutional investors (FIIs) are withdrawing funds; Indian investors face portfolio stress.
• Outbound travelers see 10-15% higher costs; many shorten trips or opt for closer destinations.
• Overseas education costs rise significantly, forcing students to defer decisions, especially for the US.
• Falling rupee boosts returns from overseas assets, prompting calls for global diversification among investors.

Why It Matters: Rupee's record low of 91/dollar impacts FIIs, Indian investors, travelers, and students, urging diversification.