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  2. Indian rupee - Wikipedia

    en.wikipedia.org/wiki/Indian_rupee

    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.

  3. List of countries by exchange rate regime - Wikipedia

    en.wikipedia.org/wiki/List_of_countries_by...

    De Facto Classification of Exchange Rate Arrangements, as of April 30, 2021, and Monetary Policy Frameworks [2] Exchange rate arrangement (Number of countries) Exchange rate anchor Monetary aggregate target (25) Inflation Targeting framework (45) Others (43) US Dollar (37) Euro (28) Composite (8) Other (9) No separate legal tender (16) Ecuador ...

  4. Exchange rate regime - Wikipedia

    en.wikipedia.org/wiki/Exchange_rate_regime

    An exchange rate regime is a way a monetary authority of a country or currency union manages the currency about other currencies and the foreign exchange market.It is closely related to monetary policy and the two are generally dependent on many of the same factors, such as economic scale and openness, inflation rate, the elasticity of the labor market, financial market development, and ...

  5. Exchange rate - Wikipedia

    en.wikipedia.org/wiki/Exchange_rate

    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.

  6. How are currency exchange rates determined? - AOL

    www.aol.com/currency-exchange-rates-determined...

    An exchange rate is how much of a given nation’s currency you can buy with a different nation’s currency. If you purchase foreign goods or travel abroad, you may need to convert your currency ...

  7. Foreign Exchange Management Act - Wikipedia

    en.wikipedia.org/wiki/Foreign_Exchange...

    The Foreign Exchange Regulation Act (FERA) was legislation passed in India in 1973 [5] that imposed strict regulations on certain kinds of payments, the dealings in foreign exchange (forex) and securities and the transactions which had an indirect impact on the foreign exchange and the import and export of currency. [6]

  8. 5 Reasons Exchange Rates Change (& Why You Should Care) - AOL

    www.aol.com/lifestyle/5-reasons-exchange-rates...

    While rates fluctuate constantly, banks and money transfer providers typically set closing exchange-rate benchmarks daily. These are reference points used to show the value of one currency against ...

  9. India cenbank delays exchange-traded derivative rules ... - AOL

    www.aol.com/news/india-cenbank-delays-exchange...

    MUMBAI (Reuters) -The Reserve Bank of India on Thursday delayed the implementation of its consolidated directions for exchange-traded currency derivatives (ETCD) by a month, a move that should ...