Indian Rupee (INR)

News: Indian Rupee

• Rupee climbs to 3-month high of 48.68 against dollar - Daily Pioneer (3 February 2012, 2:13 pm)
• Rupee rises for fifth straight week - Reuters India (3 February 2012, 12:11 pm)
• Indian rupee rises for fifth straight week - Reuters India (3 February 2012, 12:11 pm)

Reports & Events: Indian Rupee

• Liquidity Adjustment Facility : Auction Result (29 December 2011, 12:00 am)
• RBI Reference Rate for US $ and Euro (29 December 2011, 12:00 am)
• Money Market Operations as on December 28, 2011 (29 December 2011, 12:00 am)

Discussions: Indian Rupee

• Forex reserves up $673m to $294bn - Times of India - Forex Discuss (3 February 2012, 12:06 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