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The trade at border haats is permitted to be carried out either on a barter basis or in Indian Rupees and the currency of country with which border is shared, for example, Indian Rupee and Bangladesh Taka on India-Bangladesh border. Data of barter trade is maintained by the Haat Management Committee of the respective border haat.
Data from 1971 to 1991–92 are based on official exchange rates. Data from 1992 to 1993 onward are based on FEDAI (Foreign Exchange Dealers' Association of India) indicative rates. Data from 1971 to 1972–73 for the Deutsche Mark and the Japanese Yen are cross rates with the US Dollar. The Euro replaced the Deutsche Mark w.e.f. January 1, 1999.
The Bangladeshi taka (Bengali: টাকা, sign: ৳, code: BDT, short form: Tk) is the currency of Bangladesh. In Unicode, it is encoded at U+09F3 ৳ BENGALI RUPEE SIGN . Issuance of banknotes ৳ 10 and larger is controlled by Bangladesh Bank , while the ৳ 2 and ৳ 5 govt. notes are the responsibility of the ministry of finance .
1 INR = 1.6000 NPR (buy) 1 INR = 1.6015 NPR (sell) North Korea: North Korean won: Central Bank of the Democratic People's Republic of Korea Oman: Omani rial: Central Bank of Oman: 1 OMR = USD 2.6008 Pakistan: Pakistani rupee: State Bank of Pakistan Papua New Guinea: Papua New Guinean kina: Bank of Papua New Guinea Philippines: Philippine peso
The spot exchange rate is the current exchange rate, while the forward exchange rate is an exchange rate that is quoted and traded today but for delivery and payment on a specific future date. In the retail currency exchange market, different buying and selling rates will be quoted by money dealers. Most trades are to or from the local currency.
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Bangladesh started mass COVID-19 vaccinations with India's Serum Institute Covishield vaccines on 7 February 2021. [78] Bangladesh procured 7 million doses and India had meant to gift a further 3.3 million doses. [79] Due to a second wave of COVID-19 in India, the vaccine export was halted. It hampered the vaccination program in Bangladesh. [80]
India's total foreign exchange (forex) reserves stand at around US$704.89 billion on 27 September 2024, with the foreign currency assets (FCA) component at around US$616 billion, gold reserves at around US$65.7 billion, special drawing rights (SDRs) with the International Monetary Fund (IMF) of around US$18.547 billion and around US$4.3 billion ...