Indian rupee exchange rate chart
[DOC File]INDIA’S FINANCIAL SECTOR
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During 2007-08, the real effective exchange rate of the Indian rupee on 6-currency trade-weight based measure reflected an appreciation of 8.1 per cent on an annual average basis (Chart 1.4). The Reserve Bank intervened in the foreign exchange market to contain exchange rate volatility.
[DOCX File]ICR IL - World Bank
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CURRENCY EQUIVALENTS (Exchange Rate Effective March 28, 2011) Currency Unit = Indian rupee (INR) US$ 1.00 = 44.8397. FISCAL YEAR. ABBREVIATIONS AND ACRONYMS
[DOCX File]IILS India
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Indian rupee. RBI is the regulator of entire ... RBI also manages foreign exchange. It regulates transactions related to the external sector, enables development of the foreign exchange market, ensures smooth functioning of domestic and forex market and manages India’s foreign currency assets and gold reserves. ... It is the rate at which the ...
[DOC File]CHAPTER 3
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Display of Exchange Rate Chart 3E.13 Exchange bureaux operated by authorised dealers should display, at a prominent place at or near the public counter, a chart indicating the rates for purchase of foreign currency notes and travellers cheques and for sale of foreign currency notes.
India & Capital Account Convertibility
As can be seen from the chart below, India is now a net lender to the rest of the world. At present, this gives the economy an important degree of comfort as it means that a large decline in the exchange rate (say, to correct the current account) or withdrawal of foreign …
[DOC File]Chapter-3
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Why is rupee (Indian currency) accepted ass a medium of exchange in India? In India, the Reserve Bank of India issues currency on behalf of the government of India. No other individual or organization is allowed to issue currency. Law legalizes the use of rupee as a medium of payment that cannot be refused in settling transactions in India.
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That involved devaluing the Indian currency (exchange rate management), announcing a new industrial policy, opening up of Indian markets to foreign investment, introducing a new trade policy ...
[DOCX File]Nepal: Semi-Annual Economic Brief
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The exchange rate peg to the Indian rupee, in place since 1993, has been maintained In recent years the peg has provided stability to the monetary sector and helped anchor inflation - particularly useful given an environment where resources and capacity to effectively manage a flexible rate are still limited.
[DOC File]Appreciating Rupee & Indian IT Industry - The way forward
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A look at the euro versus the Indian rupee rate shows that the euro has been appreciating in the past 90 days and could be effectively used as a billing currency. Indian Rupees to 1 EUR. 120 days latest (Oct 30) 56.6863 lowest (Jun 12) 53.9396 highest (Oct 18) 56.7639 EURUS One Year Chart…
[DOCX File]WordPress.com
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The growth rate of the Indian economy has been dwindling, with 4.4% in the first quarter (Q1, April-June) of the current fiscal year 2013-14. Inflation rate has been on a rising trend (6.6%, September 2013), with food inflation between 15% and 25%. The
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