Chennai, Sep 11 (TIWN) The rupees fall against the US dollar is not a new phenomenon, but it always catches many tight-budgeted parents and their wards studying or aspiring to study there unawares.

This time around, the inflation in the US has also to be managed.  While many countries are now wooing Indian students to study in their universities, the choice of the nation and the university is decided taking into account various factors, and not just the currency exchange value, parents said.  The United States has issued 82,000 student visas to Indians this year.

The rupee has been depreciating against the dollar in recent times and touched an all-time low of 80.05 against a dollar, giving jitters to the parents whose wards are studying in the US as well as the aspirants for an US university degree.

The dollar appreciation makes it costly for the Indian parents as they have to shell out more rupees to buy a dollar and their wards have to cut down their spend.

“Rupee depreciation is not new. It happened when my daughter was studying in the US. We had to spend extra rupees to send her the dollars,” Revathi Vasan told IANS.