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In 1966, the Indian rupee was devaluated by 57% against United States dollar, which also led to the depreciation of the sterling. [96] Five years later, when the Bretton Woods system was suspended, India initially announced that it will maintain a fixed rate of $1 to INR 7.50 and leave the sterling under a floating regime. [97]
The data on exchange rate for Japanese Yen is in per 100 Yen. The end year rate for 1998–99 pertain to March 26, 1999 of Deutsche Mark rate. Data from 1971 to 1991–92 are based on official exchange rates. Data from 1992 to 1993 onward are based on FEDAI (Foreign Exchange Dealers' Association of India) indicative rates.
The real exchange rate (RER) is the purchasing power of a currency relative to another at current exchange rates and prices. It is the ratio of the number of units of a given country's currency necessary to buy a market basket of goods in the other country, after acquiring the other country's currency in the foreign exchange market, to the ...
Yahoo Finance is a media property that is part of the Yahoo network. It provides financial news, data and commentary including stock quotes , press releases , financial reports , and original content.
Here are 3 tickers trending on Yahoo Finance in premarket trading. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 more ways ...
US stocks closed mixed on Friday amid a low-volume day of trading following the Thanksgiving holiday. The Dow Jones Industrial Average closed up about 0.3%, or more than 100 points higher, while ...
Stocks are surging higher with the S&P 500 nearing 5,000 for the first time.. To explain the rise, we recently asked some top Wall Street strategists to contribute to the latest edition of the ...
Time in office 1 Ravi Narain 2000 1 April 2013 12 years, 151 days [70] 2 Chitra Ramkrishna: 1 April 2013 2 December 2016 3 years, 245 days [71] 3 Vikram Limaye: 06 February 2017 16 July 2022 5 years, 160 days [72] 4 Ashish Chauhan: 18 July 2022 Incumbent: 2 years, 210 days [73]