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A weak currency does not necessarily mean a weaker economy. In fact, a weak rupee supported by good quality products, can actually boost exports despite global slowdown and attract investments into India
A Harvard degree will be 26% costlier this year than four years ago in rupee terms, even though the university raised fees by just 13%, show Mint calculations. Yet, a massive pent-up demand for foreign studies and better access to capital mean students’ plans will stay intact, experts say.