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Exchange rate history of the Indian rupee. 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 ...
The third and fourth Avengers films ( Infinity War and Endgame) stand as the most expensive back-to-back film production, with combined production costs of over $1 billion, according to one of the directors. Inflation, filming techniques and external market forces affect the economics of film production. Costs rose steadily during the silent ...
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.
The Indian rupee was a silver-based currency during much of the 19th century, which had severe consequences on the standard value of the currency, as stronger economies were on the gold standard. During British rule, and the first decade of independence, the rupee was subdivided into 16 annas.
The Indian numbering system is used in the Indian subcontinent (Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, Sri Lanka) to express large numbers.The terms lakh or 1,00,000 (one hundred thousand, written as 100,000 in Pakistan, and outside the Indian subcontinent) and crore or 1,00,00,000 [1] (ten million, written as 10,000,000 outside the subcontinent) are the most commonly used terms ...
Template calculates a value of Indian Rupees, which you can enter, to another currency and then presents the results. Template parameters [Edit template data] This template prefers inline formatting of parameters. Parameter Description Type Status Rupee value 1 The value, in Indian Rupees, that needs to be converted. The template will not accept pre-formatted values (i.e. 1,234). Example ...
India was forced to sell dollars to the extent of close to US$35 billion in the spot markets in Financial Year 2009 due to 22% depreciation in rupee (against the dollar) in the same fiscal year 2009. In 2009, India purchased 200 tonnes of gold from the International Monetary Fund, worth US$6.7bn (€4.57bn, £4.10bn). [14]
The Indian rupee was the official currency of Dubai and Qatar until 1959, when India created a new Gulf rupee (also known as the "external rupee") to hinder the smuggling of gold. [14] The Gulf rupee was legal tender until 1966, when India significantly devalued the Indian rupee and a new Qatar-Dubai riyal was established to provide economic ...