Page 1 of 1
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?
