Sterling drop puts off Indians


Exchange rate fluctuations may result in a decline in international applicants to the UK,  reducing significantly international funding, a report conducted by Times Higher Education shows.

The depreciation of Indian rupee against sterling as well as a sharp decline in the value of Australian’s dollar resulted in the relatively increasing cost of study in the UK. The report claims that this may result in a decline of applications from India –  one of the UK’s biggest markets.

This will create difficulties for many universities, who rely on international students as sources of funding.



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