What happen if 1 dollar is equal to 1 rupee?

What is the price of $1 $1 in India?

US dollars to Indian rupees conversion table

amount convert Result
1 USD USD 74.38 INR
2 USD USD 148.76 INR
3 USD USD 223.14 INR
4 USD USD 297.52 INR

Why is Indian rupee so weak?

The rupee is extremely sensitive to the fund flows into the debt market. Foreign portfolio investors pull money out of Indian debt when yields on Indian bonds spike or increase in their home country. The outflows put pressure on the Indian currency, making it weaker.

Which is highest currency in world?

The Top 10 Strongest Currencies

  • 8: Swiss Franc (CHF) …
  • 7: Euro (EUR) …
  • 6: Cayman Islands Dollar (KYD) …
  • 5: Pound Sterling (GBP) …
  • 4: Jordanian Dinar (JOD) …
  • 3: Omani Rial (OMR) …
  • 2: Bahraini Dinar (BHD) …
  • 1: Kuwaiti Dinar (KWD) The title of the world’s strongest currency belongs to the Kuwaiti Dinar.

Why is USD so strong?

The dollar is strong for three reasons. First, the Fed took two actions—it ended its expansive monetary policy (adding to the money supply) as the economy continued to improve following the Great Recession. … Second, the Fed also raised interest rates in December 2015, which strengthened the value of the dollar further.

In which country Indian currency is high?

Places where Indian rupee is higher

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Country Currency Value Per INR
Laos 124.89 LAK
Colombia 44.99 COP
Sri Lanka 2.52 LKR
Indonesia 204.31 IDR