iPhone 13 cost R$ 7,599.00, or Roughly $1500 in USD. Compared to $799 in US. On a 30% Import Tax, and a maximum of VAT for Import product alone makes it ~$1250 already. For unstable currency ( comparatively speaking ) Apple tends to hedge at least 15% rate, that makes it around $1437. Apple tends to add a few pcenctage more for those countries with extra consumer protection. ( As in EUR ). So I dont think it is that…
You call it the unstable currency adjustment, somebody else can call it the "phone is already unaffordable, let's go further to make it a luxury status symbol" adjustment.
So why doesn't Apple apply your supposed "luxury adjustment" in India? Why only in Brazil?