Invest in international funds to minimise impact of rupee's depreciation

The rupee, which closed at 68.88 against the dollar last week, has depreciated 7.99 per cent over the past six months. When the rupee depreciates, household finances get hit. Families planning a jaunt abroad, or those intending to send their children for higher studies to foreign universities, need to save more. The good news, however, is that the worst of the depreciation may be behind us, and with some nifty planning you can minimise the impact of the rupee's depreciation on your long-term financial goals.       Fund outflows and crude causing depreciation: The .....

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