The Indian rupee (symbol: ₹; code: INR) is the official currency in the Republic of India. The rupee is subdivided into 100 paise (Hindi plural; singular: paisa). The issuance of the currency is controlled by the Reserve Bank of India.

The Indian rupee (Hindi: रुपया) (sign: ; code: INR) is the official currency of the Republic of India. The currency is issued and controlled by the Reserve Bank of India. [1] . During the past 15 years, the value has ranged from $1 USD = 0.01 INR …

Oct 19, 2024 · The Indian rupee is the currency of India; its currency code is INR. Discover its various types of coins, notes, and how the central bank manages the rupee.

Our currency converter will show you the current INR to USD rate and how it’s changed over the past day, week or month. Are you overpaying your bank? Banks often advertise free or low-cost transfers, but add a hidden markup to the exchange rate.

5 days ago · Falling for the past few weeks, the Indian rupee hit its fresh record low of 87.4975 against the US dollar during the afternoon trade on Wednesday. The local currency opened 5 paise lower at 87.1263 against the US dollar in the morning, as compared to …

Get the latest Indian Rupee to United States Dollar (INR / USD) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and...

Dec 29, 2024 · The rupee is the monetary unit of Muslim India from the 16th century and the modern monetary unit of India and Pakistan. The modern unit is divided into 100 paisa in India and Pakistan. The name derives from the Sanskrit rupya (“wrought silver”).

What is the Indian currency called and what is its symbol? The Indian currency is called the Indian Rupee (INR). One Rupee consists of 100 Paise. The symbol of the Indian Rupee is ₹. The design resembles both the Devanagari letter "₹" (ra) and the Latin capital letter "R", with a double horizontal line at the top. 2. What is legal tender?

Feb 3, 2025 · The depreciation of the Indian rupee has a dual impact on the economy, presenting both advantages and disadvantages. On the downside, a weaker rupee increases the cost of imports, particularly crude oil, leading to higher production costs and inflationary pressures.