What if One Dinar is equal to one rupee?

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What if One Dinar is equal to one rupee?.

Kuwaiti Dinar is the highest exchange currency around the world now let's see what one Dinar actually equal to the other country currency.

* 1KWD = 246.27 INR

*1KWD = 3.32 USD

*1KWD = 2.38 pounds

*1KWD = 365.83 Japanese yen

*1KWD = 4.40 Aus dollor

*1KWD = 2.79 Euro

Now let's look into the Pros and cons:

Pros:

*If one Dinar is equal to one Indian rupee then Indian rupee will become the highest value currency in world.

*Since Indian rupee is highest paid curency

Imports would be cheaper

*Buying goods from international market will be cheaper.

*Crude oil,gold, platinum prices will go down dramatically.

*Foregin Travellers will be reduced.

*Indians will not go to foregin for settlement.

*An average person living in india will be seen as a millonare in other countries.

Cons:

*Many MNC may shutdown their works in India 

*There would be no foregin investment

*Indian goods will not be given a big value in other countries beacaues of high currency 

*Since many MNC shutdown Increase in unemployment in India increases.

*Indian economy will collapse as every product price will increased by the respective company.

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