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This is a list of tables showing the historical timeline of the exchange rate for the Indian rupee (INR) against the special drawing rights unit (SDR), United States dollar (USD), pound sterling (GBP), Deutsche mark (DM), euro (EUR) and Japanese yen (JPY). The rupee was worth one shilling and sixpence in sterling in 1947.
The reserves declined to $598.89 billion by 8 September 2023 [20] & rose to hit a fresh all time high of $642.63 in March 2024. [21] India's total forex reserves touched an all-time high of US$704.89 billion on 27 September 2024. [4]
The consumer electronics and appliance industry in India, which was valued at $9.7 billion in 2014, is expected to increase at a compound annual growth rate of 13.4% to reach $20.6 billion by 2020. Set-top boxes are expected to increase at the quickest rate among consumer electronics, with Y-o-Y growth of 28.8% forecast between 2014 and 2020.
Income in India discusses the financial state in India.With rising economic growth and India's income is also rising rapidly. As an overview, India's per capita net national income or NNI was around Rs. 1,69,496 in 2022-23. [1]
A reserve currency is a foreign currency that is held in significant quantities by central banks or other monetary authorities as part of their foreign exchange reserves. [citation needed] The reserve currency can be used in international transactions, international investments and all aspects of the global economy.
On 20 May the Cabinet of India cleared some proposals of the economic package, including a free food grain package and collateral free credit for MSMEs. [ 113 ] [ 114 ] On 22 May the RBI Governor held an unannounced press conference in which he extended the moratorium on loans [ 115 ] and cut repo and reverse repo rates among other things. [ 116 ]
The Indian 20-rupee banknote (₹ 20) is a common denomination of the Indian rupee.The current ₹ 20 banknote in circulation is a part of the Mahatma Gandhi New Series.The Reserve Bank introduced the ₹ 20 note in the Mahatma Gandhi New Series in 2019, making it the last denomination to be introduced in the series.
In 2009 this was about $263 per month ($3,156 per year). [171] In 2001, approximately 20% of household consumption was spent on food, 32% on fuel, 12% on health care and 8% on education. [172] In 2015, Iranians had little personal debt. [173] In 2007, seventy percent of Iranians owned their homes. [174]