We have left another year behind, with good and bad. However, when we look back and look at 2022, the most likely thing we will encounter will be the news of hikes. So much so that from this period, when the price of everything from needle to thread was doubled, technology products had their share. However, the general situation shows that 2023 will not be much different from 2022.
The first shocking news of the year came from India. The Xbox Series S, which recently updated its price to INR 34,999, was exposed to a new price update the other day and updated its tag to INR 39,999.
Xbox Series S may be raised
If we convert this amount to dollars, it’s roughly $485, which is actually the equivalent of the device’s sale price in dollars in India. In other words, Microsoft does not make a dollar-based increase in this region, rather, it ensures that the price of the console remains stable in dollar terms.
On the other hand, the reason for this hike is naturally the depreciation of the Indian rupee against the US dollar, which puts the countries at risk when the value of their national currency falls against the US dollar. For this very reason, if we see that the Turkish lira continues to depreciate against the US dollar, we may witness an increase in the price of the Xbox Series S in our country.