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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. Data from 1971 to 1972–73 for the Deutsche Mark and the Japanese Yen are cross rates with the US Dollar. The Euro replaced the Deutsche Mark w.e.f. January 1, 1999.
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.
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In floating exchange rate regimes, exchange rates are determined in the foreign exchange market, [6] which is open to a wide range of different types of buyers and sellers, and where currency trading is continuous: 24 hours a day except weekends (i.e. trading from 20:15 GMT on Sunday until 22:00 GMT Friday).
In Hyderabad, The largest datacenter is spread over 1. 31 lakh square feet, the proposed rated-4 (tier-4) data centre will be equipped with 1,600 racks and powered by 18MW of electricity. [265] India's overall public cloud services market is projected to hit US $13 billion by 2026, expanding at a CAGR of 23.1% in 2021-26.
We are tracking rates daily to see the impact on hopeful homebuyers, so as of today, February 1, 2024, the rates are: 30-year fixed rates are 6.96% 15-year fixed rates are 6.40%
Panic fall, due to oil price increase and rupee fall against US Dollar. [98] 59 5 October 2018: 800.51 Panic fall, due to oil price increase and rupee fall against US Dollar. [98] 60 8 July 2019 792.82 [99] Driven by Union Budget and global equity sell off. 61 13 August 2019 624 [100] 62 22 August 2019 587.44 [101] Due to concerns about slowing ...
The Indian rupee sign ₹ is the currency symbol for the Indian rupee (ISO 4217: INR), the official currency of India. Designed by D. Udaya Kumar , it was presented to the public by the Government of India on 15 July 2010, [ 1 ] following its selection through an open competition among Indian residents.