What if 1 $(dollar) is equal to 1 rupee(indian currency)

All software people who work in India will lose their job and eventually again the indian economy will collapse and soon indian rupees will be again $1=Rs. 50 and again the u.s. will outsource their software jobs to india and again with that indian rupee will gain and will become equal to u.s. dollar.... and so on...

Funny discussion but should not be taken seriously of other countries money value and all. I am mentioning funny one one rupee is equal to one cent. Howwww..... is....it.

Well lot of things will happen but I know few for sure. 1. The export to USA will stop since there will not be any saving in importing stuff from India and that means outsourcing goes down the drain too and do you think India will continue to grow if these 2 things happen? 2. India will have less technical jobs since outsourcing stopped and surplus of technical labor since there will not be any point going out of India if India has become equal to USA.

Comparing towards our import policies in item wise we are in very great in non-rely with other countries so our repee vlue is same or little bit only will be lesser towards our gdp and inflation raatios. At a stretch four to five rupee devolution is really something hardship towards their lots of economony failures.

Don't feel so bad. It's worse here. I am in Canada and rightnow our dollar is equal with the US and all of our stuff in our stores is still way more expensive than in thiers. On magazines here there are 2 prices printed. One American and one Canadian. Our currencies are equal now but we still have to pay the significatly higher price that is labeled Canadian. What the he11 is that? It's BS!!!!!! All I can tell you is that if you have ANY US funds sitting anywhere, like in PayPal, cash them out now before the exchange rate gets any worse. I have money in my PayPal now that wouldhave been worth over $20, but i was waiting hoeping for a better exchange rate, now it's only worth what it is, which is like $18.