Ads
related to: $3 400 in indian rupees value
Search results
Results From The WOW.Com Content Network
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.
India was then a part of the sterling area, and the rupee was devalued on the same day by the same percentage so that the new dollar exchange rate in 1949 became ₹4.76 — which is where it stayed till the rupee devaluation of 1966 made it ₹7.50 to the dollar and the pound moved to ₹21.
For example 150,000,000 (one hundred and fifty million) rupees is written as "fifteen crore rupees", "₹ 15 crore". [1] In the abbreviated form, usage such as "₹ 15 cr" is common. [3] Trillions (in the short scale) of money are often written or spoken of in terms of lakh crore. For example, one trillion rupees is equivalent to: ₹ 1 lakh ...
In mid-1991, India's exchange rate was subjected to a severe adjustment. This event began with a slide in the value of the Indian rupee leading up to mid-1991. The authorities at the Reserve Bank of India took partial action, defending the currency by expanding international reserves and slowing the decline in value. However, in mid-1991, with ...
Reserves help the RBI manage the exchange rate of the Indian rupee. A robust reserve position installs confidence among international investors and trading partners. Reserves serve as a safety net during crises, such as sudden capital outflows or economic downturns.
The exchange rate is also regarded as the value of one country's currency in relation to another currency. [3] For example, an interbank exchange rate of 141 Japanese yen to the United States dollar means that ¥141 will be exchanged for US$1 or that US$1 will be exchanged for ¥141. In this case it is said that the price of a dollar in ...
India's proposed but not yet adopted official poverty line, in 2014, was ₹ 972 (US$11) a month in rural areas or ₹ 1,407 (US$16) a month in cities. The current poverty line is 1,059.42 Indian Rupees (62 PPP USD) per month in rural areas and 1,286 Indian rupees (75 PPP USD) per month in urban areas. [65]
By 400 BCE, caste had ... India has reduced its poverty rate, ... (Indian rupees) to ₹ 235.24 billion (US$3.94 billion at June 2013 exchange rates). ...