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Lock into a forward contract to contain overseas study bills
Financial Express Hyderabad
|December 27, 2025
IT HELPS HEDGE AGAINST CURRENCY FLUCTUATIONS WHICH CAN UPSET YOUR BUDGET
AT A TIME when the rupee is testing new lows, parents need to plan forex requirements for their children's higher education abroad. As foreign education costs are spread over two to four years, a 5% rupee depreciation on a $50,000 fee can increase the cost by over ₹2 lakh.
To mitigate this risk, parents should hedge against currency fluctuations. They should go for a forex card to lock in the exchange rate.
Forward contract
Bu hikaye Financial Express Hyderabad dergisinin December 27, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
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