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3.3 Singapore dollar as exchange rate anchor. 3.4 Hong Kong dollar as exchange rate anchor. 4 Conventional peg. ... Indian Rupee as exchange rate anchor
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.
Before 1966, all the emirates that now form the UAE used the Gulf rupee, which was pegged at parity to the Indian rupee. On 6 June 1966, India decided to devalue the Gulf rupee against the Indian rupee. Not accepting the devaluation, several of the states still using the Gulf rupee adopted their own or other currencies.
According to updated economic forecasts from the Fed's Summary of Economic Projections (SEP), the central bank sees core inflation hitting 2.5% next year, higher than its previous projection of 2. ...
Since 2020, the programme has been largely presented from Singapore only, without any segment being presented from London or Washington. After the 2023 merger of BBC World News and UK-only BBC News Channel, the Singapore presenter also presents the UK-focused headlines on the UK feed during commercial breaks on the international feed. However ...
(Reuters) -Futures linked to Wall Street's main indexes took a pause on Thursday after the S&P 500 and Nasdaq ended the previous session on a positive note, while investors awaited some more ...
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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.