Kashmiri Pandit
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An average middle class Indian earns 50,000 rupees a month .
Alien ware 15 laptop costs $1100 approx . Which is less than 75,000 rupees but some how costs 1,00,000 rupees . Now suppose in 5 years INR=USD . In that case will the laptop cost me 1100 rupees or will the price be equal to the tax money of 25,000 . In that case will that mean I will be earning $50,000 a month ?
If 1 billion USD are invested in highways = 6700 crores . 10 highways are developed with that money . After 5 years , 1 billion USD = 100 crore . How many highways will be developed ?
What effects the currency value ? other than import export ?
Alien ware 15 laptop costs $1100 approx . Which is less than 75,000 rupees but some how costs 1,00,000 rupees . Now suppose in 5 years INR=USD . In that case will the laptop cost me 1100 rupees or will the price be equal to the tax money of 25,000 . In that case will that mean I will be earning $50,000 a month ?
If 1 billion USD are invested in highways = 6700 crores . 10 highways are developed with that money . After 5 years , 1 billion USD = 100 crore . How many highways will be developed ?
What effects the currency value ? other than import export ?