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3 Dec 2022 (conversion rate, 1 Sep 2023) India: Though stipulated by law, it varies from ₹160 (US$2.16) per day in Bihar, to ₹348/day (US$4.7) in Mumbai (2017), [105] to ₹750 (US$10) per day in Kerala. State governments set a separate minimum wage for agricultural workers. [10] The minimum wages are set according to Minimum Wages Act ...
Each currency typically has a main currency unit (the dollar, for example, or the euro) and a fractional unit, often defined as 1 ⁄ 100 of the main unit: 100 cents = 1 dollar, 100 centimes = 1 franc, 100 pence = 1 pound, although units of 1 ⁄ 10 or 1 ⁄ 1000 occasionally also occur.
As part of the Central Bank Digital Currency pilot project, Canara Bank has released the Unified Payments Interface compatible digital rupee mobile app. Without the need for a separate on-boarding procedure for CBDC for retailers, it will enable users to scan the existing UPI QR code and make payments using digital rupee.
The main qualities of an orthodox currency board are: A currency board's foreign currency reserves must be sufficient to ensure that all holders of its notes and coins (and all bank creditors of a Reserve Account at the currency board) can convert them into the reserve currency (usually 110–115% of the monetary base M0).
This is an accepted version of this page This is the latest accepted revision, reviewed on 12 February 2025. This is a list of media franchises that have grossed $2 billion and more.
The currency was ultimately replaced by the silver dollar at the rate of 1 silver dollar to 1000 continental dollars. This resulted in the clause "No state shall... make anything but gold and silver coin a tender in payment of debts" being written into the United States Constitution article 1, section 10 .
In addition, the Temporary Budget Repair Levy was payable at a rate of 2% for taxable incomes over $180,000, and expired on 1 July 2017. [5] In October 2016, the federal government passed a bracket adjustment that raised the third marginal tax rate threshold from $80,000 to $87,000. These changes took effect from 1 July 2016. [6]
By August 2006 it became publicly known that the Philippine one peso coin is the same size as one dirham. [3] As 1 peso is only worth 8 fils, this has led to vending machine fraud in the UAE . Pakistan's 5 rupee coin , the Omani 50 Baisa coin and the Moroccan 1 dirham are also the same sizes as the Emirati one dirham coin.