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Currency ISO 4217 code Symbol or Abbrev. [2] Proportion of daily volume Change (2019–2022) April 2019 April 2022 ... Indian rupee: INR ...
With reserves currently around $598.69 billion, they play a vital role in ensuring financial stability, managing currency fluctuations, and enhancing India's standing in international trade. The historical growth and management of these reserves will continue to influence India's economic policy and global economic interactions. [209] [210]
India's total foreign exchange (forex) reserves stand at around US$704.89 billion on 27 September 2024, with the foreign currency assets (FCA) component at around US$616 billion, gold reserves at around US$65.7 billion, special drawing rights (SDRs) with the International Monetary Fund (IMF) of around US$18.547 billion and around US$4.3 billion ...
India Indonesia Israel Jamaica Kazakhstan South Korea Moldova New Zealand Paraguay Peru Seychelles Sri Lanka South Africa Thailand Turkey Uganda Ukraine Uruguay Malaysia Mauritius Pakistan ; Free floating (33) Australia
The services trade (exports and imports) are not part of commodities trade. The trade surplus in services trade is US$70 billion in the year 2017–18. [3] Counting the European Union (EU) as one, the World Trade Organisation ranks India fifth for commercial services exports and sixth for commercial services imports. [4]
In 2022, India was the world's 10th-largest importer and the 8th-largest exporter. [82] India has been a member of the World Trade Organization since 1 January 1995. [83] It ranks 63rd on the ease of doing business index and 40th on the Global Competitiveness Index.
500 BC Silver punch-marked coins [1] were minted as currency belonging to a period of intensive trade activity and urban development by the Mahajanapadas. [2] [3]1 AD Indian subcontinent under the Gupta Empire united much of the subcontinent, contained 33.21% of the world’s population and contributed to around 33 to 35% of World's GDP [3] and generated an estimated average of $450 (1990 ...
List India Ranking/Total Countries Source Notes World Happiness Report: 137/156: UN-SDSN: 20 March 2021 report. Score=3.573 Happy Planet Index: 30 / 140