What if $1 = ₹1 happens? | Dollar vs Rupee Devaluation | Dhruv Rathee
We all know that India's currency rupee has been depreciating in value ever since India's independence. In 1947, there was a time when one dollar was actually equal to one rupee but today one dollar is almost valued at 75 rupees. Why has this happened? And what will happen if one rupee equals one dollar? I explain the currency exchange rates and economics behind it in this video.
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0:00 Introduction
0:56 How Exchange rate works?
04:48 Devaluation of Currency
05:52 History of Indian Rupee
07:49 What happens if 1 Dollar = 1 Rupee?
11:55 Strong or Weak Rupee? Which is better?
13:04 Is India Export or Import-Oriented?
14:09 Solutions
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