A DigitalPoint Forums thread has a three page thread on the topic of Google messing up yet again with the exchange rate given to publishers. This time Google equated one US dollar to one Indian Rupee. The true current exchange rate is $1 US to 46.555 INR. Yes, a huge difference.
The main questions Indian AdSense publishers are asking themselves are:
(1) Is this just a reporting glitch? (2) If not, how long will it take for them to get the difference they are owed?
I know the US dollar is at risk, but $1 US to 1 INR?
Honestly, don't panic, I am sure Google will make things right.
Forum discussion at DigitalPoint Forums.
Update: Google is aware of it and will let us know what they will do to fix the issue.