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The data on exchange rate for Japanese Yen is in per 100 Yen. The end year rate for 1998–99 pertain to March 26, 1999 of Deutsche Mark rate. Data from 1971 to 1991–92 are based on official exchange rates. Data from 1992 to 1993 onward are based on FEDAI (Foreign Exchange Dealers' Association of India) indicative rates.
Exchange rates for the Indian rupee are taken from the Handbook of Statistics on Indian Economy, published every September by the Reserve Bank of India. These are average rates for the previous year, so the latest rates in the September 2024 report would be for 2023.
The Government of India, in consultation with RBI, notified the 'Inflation Target' in the Gazette of India Extraordinary dated 5 August 2016 for the period beginning from the date of publication of the notification and ending on 31 March 2021 as 4%. At the same time, lower and upper tolerance levels were notified to be 2% and 6% respectively.
The preamble of the Reserve Bank of India describes the basic functions of the reserve bank as: [13]...to regulate the issue of Bank notes and keeping of reserves with a view to securing monetary stability in India and generally to operate the currency and credit system of the country to its advantage; to have a modern monetary policy framework to meet the challenge of an increasingly complex ...
Average mortgage rates remain high across popular terms as of Friday, December 27, 2024, ending a quiet holiday week of consistent increases that have set borrowing costs for the 30-year benchmark ...
31 Oct 2024: 21,957: 3,380,334: 31 Oct 2024 ... The Reserve Bank of India may intervene in the foreign exchange market to stabilize the Indian rupee, influencing ...
Average mortgage rates continue a post-holiday retreat across the board as of Tuesday, December 3, 2024, pulling the 30-year benchmark to an average 6.90%.
The foreign-exchange reserves are managed by the Reserve Bank of India ... March 2021, the RBI held 695.31 metric tonnes of gold. 403. ... $642.63 in March 2024.