Is migration of indian students outside one of the reasons of depreciating rupee

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FACT- Some 500000 Indian students migrate abroad annually to pursue higher studies. FACT- This results in huge FOREX outflow. FACT- This amount which goes out is enough to open equally good management colleges in India. A debatable questi...
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FACT- Some 500000 Indian students migrate abroad annually to pursue higher studies.
FACT- This results in huge FOREX outflow.
FACT- This amount which goes out is enough to open equally good management colleges in India.

A debatable question arises which at least the management students should discuss,if not anyone else is
"IS THIS 1 OF THE REASONS OF DEPRECIATING RUPEE?"

Well, I think this can be because demand-supply of forex is the name of the game.....When demand of forex increases, rupee automatically becomes relatively weaker.
I think everyone would agree on this.

Your Inputs on this?

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