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At 54.51 rupees per dollar, India's GDP is smaller than Australia's!

Author: Martin Su
Date: 05-17-12 00:23

In 2011 (at an average exchange rate of 46.667 Indian rupees per U.S. dollar), India's GDP was 1.676 trillion.

At the current exchange rate of 54.41 rupees per dollar:

1.676 trillion x (46.667 rupees / 54.41 rupees per dollar) = $1.437 trillion Indian GDP for 2011

http://i.imgur.com/qqAlI.jpg
After adjusting India's 2011 GDP to the current exchange rate ($1.437 trillion), it is smaller than Australia's GDP ($1.488 trillion)!

By the way, China's $7.298 trillion GDP is 5.08 times larger than India's $1.437 trillion GDP for 2011.

[Note: India's 2011 monthly average exchange rate link at http://www.x-rates.com/d/INR/USD/hist2011.html

The Indian rupee hit an all-time-low exchange rate of 54.41 rupees per dollar on Wednesday (May 16, 2012). Citation: http://timesofindia.indiatimes.com/city/surat/Weak-rupee-to-make-polished-diamonds-costlier/articleshow/13190691.cms]

Martin Su

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At 54.51 rupees per dollar, India's GDP is smaller than Australia's!  new

Martin Su 05-17-12 00:23

Re: At 54.51 rupees per dollar, India's GDP is smaller than Australia's!  new

observer 05-17-12 05:58

Re: At 54.51 rupees per dollar, India's GDP is smaller than Australia's!  new

hohoyan888 05-17-12 18:48

Re: At 54.51 rupees per dollar, India's GDP is smaller than Australia's!  new

observer 05-18-12 00:53

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