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The Saudi riyal was worth 1.065 Gulf rupees, whilst the Qatar and Dubai riyal was equal to the Gulf rupee prior to its devaluation. Initially pegged with sterling at one shilling and six pence (1s. 6d.) per riyal, its value was changed to one shilling and nine pence (1s. 9d.) when sterling was devalued in 1967, maintaining its value in relation ...
To the middle of the 20th century, the Indian rupee was also used as the official currency in the emirates on the eastern Arabian Peninsula, namely Kuwait, Bahrain, Qatar, the Trucial States, and Oman. That meant, in effect, that the Indian rupee was the common currency in those territories as well as in India.
4.5 Indian Rupee as exchange rate anchor. 4.6 Other. 5 Stabilized arrangement. Toggle Stabilized arrangement subsection. 5.1 US dollar as exchange rate anchor ...
Foreign direct investment (FDI) and portfolio investments can significantly impact reserves. The Reserve Bank of India may intervene in the foreign exchange market to stabilize the Indian rupee, influencing reserves. Fluctuations in commodity prices, interest rates, and international trade dynamics can affect reserves.
Present currency ISO 4217 code Country or dependency (administrating country) Currency symbol Saudi riyal [1]: SAR Saudi Arabia [2]Algerian dinar: DZD Algeria دج (Arabic) or DA (Latin)
above $4,000 Blue. $2,000 to $3,999 ... Qatar: riyal 16,500 [94] riyal 15,674 [95] 0.274 [96] 2023-10 4,533 4,306 5,628 ... rial 132,500 [138] rial 93,886 [139] 0.004 ...
Qatar's Court of Appeal reduced Thursday the death sentence handed in October to eight retired Indian navy officers on spy charges, the Indian foreign ministry said. Ministry spokesman Arindam ...
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.