Indian Rupee (INR)

News: Indian Rupee

• Rupee continue to surge at 46.63 per US Dollar - New Kerala (3 September 2010, 7:05 pm)
• Fortnightly outlook for currencies - MoneyControl.com (3 September 2010, 3:09 pm)
• Rupee gains 8 paise to 2-week high against US dollar - Times of India (3 September 2010, 1:57 pm)

Reports & Events: Indian Rupee

• Five State Governments announce Auction of State Development Loans 2020 for Rs. 5,300.000 crore on September 07, 2010 (4 September 2010, 1:20 am)
• 364-day Treasury Bills auction : Rs.1,000 crore under regular auction (4 September 2010, 12:37 am)
• 91-day Treasury Bills auction : Rs.2,000 crore under regular auction (4 September 2010, 12:35 am)

Discussions: Indian Rupee

• RAS ID: 32000 Heinrich-FX - Forex-TSD (3 September 2010, 2:36 pm)

Videos: Indian Rupee

About the Indian Rupee

The Indian “rupee” (plural: rupees) is the official currency used in the country of India. Its official currency code (ISO) is “INR” and it is symbolized by “Rs”. The primary denominations include 1, 2, 5, and 10 rupee coins (1 rupee = 100 paisa, however, paisa are rarely used); and 5, 10, 20, 50, 100, 500, 1000 rupee paper bank notes. In India, decimal numbers are denoted using a point (e.g. 1.50). The rupee has a managed float exchange rate that is tied to the US dollar and its value is often seen as being dependent on commodity prices (India’s largest export).

Central Bank: Reserve Bank of India