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This is a list of circulating fixed exchange rate currencies, ... Indian rupee: 1.6 Netherlands Antillean guilder: U.S. dollar: 1.79 Niue dollar: New Zealand dollar: 1
The Icelandic krona similarly fell in value against the US dollar, from around 50 to 80 per dollar to about 110–115 per dollar; by mid-November 2008 it had continued to lower to 135 to the dollar. As of 2 April 2009, the value hovered around 119 per dollar, roughly maintaining that value over the next two years with 23 March 2011, prices ...
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 ...
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.
Foreign direct investment (FDI) and portfolio investments can significantly impact reserves. The Reserve Bank of India may intervene in the foreign exchange market to stabilize the Indian rupee, influencing reserves. Fluctuations in commodity prices, interest rates, and international trade dynamics can affect reserves.
Since 1991, the rupee has been under a floating exchange rate regime. [94] The first major impact on the rupee's exchange rate after independence was the devaluation of the pound sterling against the US dollar in 1949, which impacted currencies that maintained a peg to the sterling, which included the Indian rupee. [95]
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.
Iceland became more isolated during World War I and suffered a significant decline in living standards. [19] [20] The treasury became highly indebted, there was a shortage of food and fears over an imminent famine. [19] [20] [21] Iceland traded significantly with the United Kingdom during the War, as Iceland found itself within its sphere of ...