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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.
As of October 2023, China's foreign exchange reserves stood at approximately $3.57 trillion. These reserves are managed by the People's Bank of China (PBOC) and consist of various assets, including foreign currencies, government bonds, gold, and other financial instruments.
The reserves declined to $598.89 billion by 8 September 2023 [20] & rose to hit a fresh all time high of $642.63 in March 2024. [21] India's total forex reserves touched an all-time high of US$704.89 billion on 27 September 2024. [4]
On 20 May the Cabinet of India cleared some proposals of the economic package, including a free food grain package and collateral free credit for MSMEs. [ 113 ] [ 114 ] On 22 May the RBI Governor held an unannounced press conference in which he extended the moratorium on loans [ 115 ] and cut repo and reverse repo rates among other things. [ 116 ]
Remittance by fiscal year Year Remittances Percent GDP 1990–1991: US$2.10 bn: 0.70% 1995–1996: US$8.50 bn: 3.22% 1999–2000: US$12.07 bn: 2.72% 2000–2001
The trade deficit for the same month dropped from ₹ 469 billion (equivalent to ₹ 1.2 trillion or US$14 billion in 2023) in 2009 to ₹ 401 billion (equivalent to ₹ 900 billion or US$10 billion in 2023) in 2010. [347] India is a founding-member of General Agreement on Tariffs and Trade (GATT) and its successor, the WTO.
The first list is based on the Stockholm International Peace Research Institute (SIPRI) fact sheet, which includes a list of the world's top 40 military spenders as of 2023, based on current market exchange rates.
Income in India discusses the financial state in India.With rising economic growth and India's income is also rising rapidly. As an overview, India's per capita net national income or NNI was around Rs. 1,69,496 in 2022-23. [1]