India Q&A: “How has the falling Indian rupee impacted you?”

Zenisha Gonsalves, 19, Student, Goa: The fall of the rupee has affected my hometown, Goa, rather interestingly. While the state suffers huge monetary losses due to the recent shutting-down of the mines, the fall of the rupee has prompted a massive increase in foreign tourism – a much-needed boost to the local economy. Three years from now, when I apply to grad schools in either the UK or the USA – most of which already have exorbitant fee rates for international students – I can only hope that the rupee has redeemed itself. Courtesy Zenisha Gonsalves

India is currently facing difficult economic situation. Indian rupee has been constantly falling and has hit a life-time low against US dollar. Oil and commodity prices have gone up and the common man is impacted the most.

The Epoch Times India reporters talked to a few people around the country, asking:

“How has the falling Indian rupee impacted you?”

 

 Look for the India Q&A column every week. Epoch Times India reporters interview people around the country to learn about their lives and perspectives on local and global issues. Next week’s question: “What good have you planned for Deepavali this year?”