Indian national Saurabh Saraogi was all set to make his inaugural trip to the United States during the Diwali holidays coming up in November.
But as the rupee began to crumble in recent months, the 27-year-old lawyer's plans to spend a few weeks traveling by rail and road from the east to the west coast became increasingly less affordable, prompting him to eventually put the plans on hold.
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"I got my visa at the end of last year, as I had planned to visit the U.S. and travel extensively across the country this year. But considering the fall in the rupee, I have postponed the plans. I'm waiting for the rupee to recover," Saraogi, who is based in Northeast India, said, adding that just a few months ago, his $200-a-day travel budget seemed manageable.
"This year, I may do a vacation somewhere close by in the region or within India," he added.
Saraogi is one of many Indians postponing overseas travel due to the slide in the rupee, which has pushed the price of accommodation, food and entertainment considerably higher. In just the last three months, the rupee has depreciated over 18 percent against the U.S. dollar.
According to the Indian Association of Tour Operators (IATO), outbound travel may decline by around 15 percent this year, compared to 2012 amid weakness in the domestic currency. Approximately 15 million Indians traveled overseas last year.