Search results
Results from the WOW.Com Content Network
Officially, the Indian rupee has a market-determined exchange rate. However, the Reserve Bank of India trades actively in the USD/INR currency market to impact effective exchange rates. Thus, the currency regime in place for the Indian rupee with respect to the US dollar is a de facto controlled exchange rate.
A second issue of the same denominations was struck in 1862 at the Indian Government Mint, Calcutta. These bore the inscription "India – Straits". [8] In 1871, silver coins were issued in the name of the Straits Settlements for 5, 10 and 20 cents, followed by copper 1 ⁄ 4, 1 ⁄ 2 and 1 cent the next year and silver 50 cents in 1886. Silver ...
List of all Asian currencies Present currency ISO 4217 code Country or dependency (administrating country) Currency sign Fractional unit Russian Ruble [1]: RUB Abkhazia ...
The Malaysian Indian Congress (MIC) is the oldest and largest Indian political party in Malaysia. It is a senior member of the Barisan Nasional coalition. The Indian Progressive Front (IPF), another Indian-based party, is affiliated with Barisan Nasional but is not a formal member.
The Indian rupee was the official currency of Dubai and Qatar until 1959, when India created a new Gulf rupee (also known as the "external rupee") to hinder the smuggling of gold. [16] The Gulf rupee was legal tender until 1966, when India significantly devalued the Indian rupee and a new Qatar-Dubai riyal was established to provide economic ...
Rupee. Afghan rupee – Afghanistan; Bhutanese rupee – Bhutan; Burmese rupee – Burma; Danish Indian rupee – Danish India; East African rupee – Kenya, Somalia, Tanzania and Uganda; French Indian rupee – French India; Gulf rupee – Bahrain, Kuwait, Oman, Qatar and United Arab Empirates; Hyderabad rupee – Hyderabad; Indian rupee ...
The Indian numbering system is used in Indian English and the Indian subcontinent to express large numbers. Commonly used quantities include lakh (one hundred thousand) and crore (ten million) – written as 1,00,000 and 1,00,00,000 respectively in some locales . [ 1 ]
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.