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Thus, the currency regime in place for the Indian rupee with respect to the US dollar is a de facto controlled exchange rate. This is sometimes called a " managed float ". On 9 May 2022, the Indian Rupee traded at ₹77.41 against the US dollar, hitting an all-time low. [ 79 ]
According to a 2018 report from the Reserve Bank of India ₹15.3 lakh crore (15.3 trillion rupees on the short scale) of the ₹15.41 lakh crore in demonetised bank notes, or approximately 99.3%, were deposited in banks, leading analysts to state that the effort had failed to remove black money from the economy.
Thus, a billion is 1000 × 1000 2 = 10 9; a trillion is 1000 × 1000 3 = 10 12; and so forth. Due to its dominance in the financial world (and by the US dollar), this was adopted for official United Nations documents. Traditional French usage has varied; in 1948, France, which had originally popularized the short scale worldwide, reverted to ...
The first currency (XXX) is the base currency that is quoted relative to the second currency (YYY), called the counter currency (or quote currency). For instance, the quotation EURUSD (EUR/USD) 1.5465 is the price of the Euro expressed in US dollars, meaning 1 euro = 1.5465 dollars.
Countries by total wealth, 2022 (2023 publication) National net wealth, also known as national net worth, is the total sum of the value of a country's assets minus its liabilities.
Military expenditure figures are presented in United States dollars based on either constant or current ... 8.7 1.6 0.4 30 Pakistan: 8.5 2.8 0.3 31 Denmark: 8.1 2.0 0 ...
The Spanish peso or dollar was historically ... The adjusted monetary base has increased from approximately $400 billion in 1994, to $800 billion in 2005, and to over ...
The total bank deposits increased from ₹ 59.1 billion (equivalent to ₹ 2.8 trillion or US$33 billion in 2023) in 1970–71 to ₹ 38.31 trillion (equivalent to ₹ 96 trillion or US$1.1 trillion in 2023) in 2008–09. Despite an increase of rural branches – from 1,860 or 22% of the total in 1969 to 30,590 or 42% in 2007 – only 32,270 of ...