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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 euro sign (€) is the currency sign used for the euro, the official currency of the eurozone and adopted, although not required to, by Kosovo and Montenegro.The design was presented to the public by the European Commission on 12 December 1996.
Thus, the currency regime in place for the Indian rupee with respect to the US dollar is a de facto controlled exchange rate. This is sometimes called a "managed float". On 9 May 2022, the Indian Rupee traded at ₹77.41 against the US dollar, hitting an all-time low. [79]
The euro area crisis was caused by a sudden stop of the flow of foreign capital into countries that had substantial current account deficits and were dependent on foreign lending. The crisis was worsened by the inability of states to resort to devaluation (reductions in the value of the national currency) due to having the Euro as a shared ...
The one hundred euro note (€100) is one of the higher value euro banknotes and has been used since the introduction of the euro (in its cash form) in 2002. [7] The note is used in the 25 countries (and Kosovo) that have it as their sole currency (with 24 legally adopting it), which countries have a total population of about 350 million currently. [8]
On 18 April 2007 The European Commission imposed fines on Heineken €219.3m, Grolsch €31.65m and Bavaria €22.85m for operating a price fixing cartel in the Netherlands, totalling €273.7m. InBev , (formerly Interbrew ), escaped without a penalty because it provided "decisive information" about the cartel which operated between 1996 and ...
November 22, 2024 at 10:42 AM. Hours after the St. Petersburg City Council approved spending $23.7 million to repair Tropicana Field after it was damaged during Hurricane Milton, the council ...
According to European Central Bank estimates, in July 2023, there were about 29.624 billion banknotes in circulation around the eurozone, with a total value of about €1.569 trillion. [3] On 8 November 2012, the ECB announced that the first series of notes would be replaced by the Europa series (also called ES2 ), starting with the 5 euro note ...