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source:https://www.quora.com/What-would-happen-if-1-USD-INR-1 If 1 INR became equal to USD 1, you would be able to buy an iPhone for Rs. 220/-, all right; but then, Rs. 220/- would be also much more dearer. It's not like you'd be buying a 200 mL bottle of Coca Cola for 10/- bucks. It would also reduce proportionately to a few paise. That's how the economy works. When a currency rises in the International Market, the domestic value of the currency also improves. Otherwise wouldn't the rest of the world be selling everything to Kuwait & buying everything from Vietnam? There's a reason why being a "Millionaire" in the US is a big thing while 10 Lakh rupees sounds like being regular middle class person in India. Anil bokil pm modi speech, pm modi speech today, pm modi security, pm modi interview, pm modi speech against pakistan, pm modi latest speech, pm modi independence day speech, pm modi, pm modi angry, pm modi after surgical strike, pm modi airplane, pm modi birthday, pm modi best speech, pm modi biography, pm modi convoy, pm modi car security, pm modi cartoon video, pm modi daily routine, pm modi documentary, pm modi english speech, pm modi emotional speech corruption in india, corruption speech, corruption short film, corruption in india documentary, corruption documentary, corruption song, corruption, corruption in india videos, corruption act, corruption and development, corruption awareness, corruption advertisement, corruption before modi came