Apple to increase app prices in India, other markets

Get ready to pay more when you buy apps on your iPhone and iPad. 

NEW DELHI: Get ready to pay more when you buy apps on your iPhone and iPad. Apple has informed developers that it is increasing App Store prices in India and several other countries including Australia, Indonesia, Turkey and South Africa. At the same time, it is reducing prices in Israel and New Zealand. The change will take place in the next 24 hours. 

The adjustment in price is due to changes in currency exchange rates. It's worth pointing out that Apple charges Rs 55 on the Indian App Store for an app that costs $0.99 on the US App Store. So the effective exchange rate at this point in time is Rs 55. The current exchange rate is approximately Rs 60 to a dollar. 

The exact rate will only be available after the change takes place. 

In a letter to developers, Apple's App Store team said, "Price adjustments on the App Store are made periodically due to changes in foreign exchange rates. Within 24 hours, you will see the new Pricing Matrix in the Rights and Pricing section of Manage Your Apps on iTunes Connect."

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