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A reserve currency is a foreign currency that is held in significant quantities by central banks or other monetary authorities as part of their foreign exchange reserves.The reserve currency can be used in international transactions, international investments and all aspects of the global economy.
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.
In the following table, for each country/territory, IMF figures shows government's revenue, expenditure, and net lending (+)/ borrowing (-) as percentage of GDP and in current USD, calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. [3] Sorting is alphabetical by country code, according to ISO 3166-1 alpha-3.
As part of the Central Bank Digital Currency pilot project, Canara Bank has released the Unified Payments Interface compatible digital rupee mobile app. Without the need for a separate on-boarding procedure for CBDC for retailers, it will enable users to scan the existing UPI QR code and make payments using digital rupee.
In order to convert a rational number represented as a fraction into decimal form, one may use long division. For example, consider the rational number 5 / 74 : 0.0 675 74 ) 5.00000 4.44 560 518 420 370 500 etc. Observe that at each step we have a remainder; the successive remainders displayed above are 56, 42, 50.
Rank State or Union Territory Exports in billion INR₹ Exports in billion US$ Year 1 Karnataka: 1,464.65 18.7 2022/23 2 Tamil Nadu: 1,101.66 14.0 2022/23
The following list of films is sorted in terms of US dollars (not adjusted for inflation), the standard currency used to measure box office performance for overseas markets. Dangal has earned more than 238 million USD $ in the overseas market, including $193 million from Chinese Box office.
Sterling and many other currencies continued to appreciate against the dollar; sterling hit a 26-year high of £1 to US$2.1161 on 7 November 2007 as the dollar fell worldwide. [116] From mid-2003 to mid-2007, the pound/euro rate remained within a narrow range (€1.45 ± 5%). [117]