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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.
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.
[19] [20] The ₹2,000 bank note which was introduced in 2016 however, will remain in legal tender until September 2023 according to RBI. One among the main reason of removing it from circulation is the low rate of its use to the Indian current market economy [ 21 ] and its printing was stopped as of 2018 - 2019.
Two Indiana parents are in custody after allegedly leaving their 2-year-old daughter in a closet overnight with a space heater turned all the way up.
The proposal would create the fourth largest PSB trailing SBI, PNB, BoB with assets of ₹ 15.20 lakh crore (US$180 billion) and 10,324 branches. [59] [54] The Board of Directors of Canara Bank approved the merger on 13 September 2019. [60] [61] The Union Cabinet approved the merger on 4 March 2020. Canara Bank assumed control over Syndicate ...
Average mortgage rates for popular terms are finally inching down week over week as of Monday, December 2, 2024, with the 30-year fixed purchase rate retreating from 7.00%.
The average rate for shorter 15-year terms is 6.19% for purchase and 6.20% for refinance, down 11 basis points from 6.30% for purchase and 10 basis points from 6.30% for refinance this time last week.
According to police officials, the paper leak gang allegedly charged ₹ 30 lakh (US$35,000) to ₹ 50 lakh (US$59,000) from several candidates, providing them with the question papers, claimed to be those of NEET-UG, a day prior for memorization. The police have arrested several suspects in connection with the paper leak.