New Delhi, Dec. 18 -- The Indian rupee hit a record low of 91 against the US dollar this week. While it strengthened slightly later, the currency has still lost over 6% of its value this year.

The RBI stepped in on Wednesday by selling dollars to stop the slide. However, experts believe the rupee will stay weak until a new US-India trade deal is finalised, Bloomberg reported. While a stronger dollar helps sectors like IT and pharma, it creates a major hurdle for Indian students planning to study abroad.

The falling rupee is likely to burn a hole in the pockets of students set to start their studies in January 2026 (Spring intake). A 6% fall in 2025 means the course, costing $55,000, would now incur an additional Rs.3.3 lakh in tuition a...