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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. [ 2][ 3] Before its adoption, the most ...
The rupee sign " ₨ " is a currency sign used to represent the monetary unit of account in Pakistan, Sri Lanka, Nepal, Mauritius, Seychelles, and formerly in India. It resembles, and is often written as, the Latin character sequence "Rs", of which (as a single character) it is an orthographic ligature. It is common to find a punctuation mark ...
Exchange rate history of the Indian rupee. This is a list of tables showing the historical timeline of the exchange rate for the Indian rupee (INR) against the special drawing rights unit (SDR), United States dollar (USD), pound sterling (GBP), Deutsche mark (DM), euro (EUR) and Japanese yen (JPY). The rupee was worth one shilling and sixpence ...
The Indian rupee ( symbol: ₹; code: INR) is the official currency in 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.
Time value of money. The present value of $1,000, 100 years into the future. Curves represent constant discount rates of 2%, 3%, 5%, and 7%. The time value of money is the widely accepted conjecture that there is greater benefit to receiving a sum of money now rather than an identical sum later. It may be seen as an implication of the later ...
The most commonly used symbol for the rupee is "₨". India adopted a new symbol (₹) for the Indian rupee on 15 July 2010. In most parts of India, the rupee is known as rupaya, rupaye, or one of several other terms derived from the Sanskrit rūpya, meaning silver. Ṭaṅka is an ancient Sanskrit word for money.
Paisa (also transliterated as pice, pesa, poysha, poisha and baisa) is a monetary unit in several countries. The word is also a generalised idiom for money and wealth. In India, Nepal, and Pakistan, the paisa currently equals 1⁄100 of a rupee. In Bangladesh, the poysha equals 1⁄100 of a Bangladeshi taka. In Oman, the baisa equals 1⁄1000 ...
INR ₹1 = e₹1.00. CNY ¥1 = e₹11.78. (16 November 2023) The Digital Rupee (e₹)[ 6] or eINR or E-Rupee is a tokenised digital version of the Indian Rupee, issued by the Reserve Bank of India (RBI) as a central bank digital currency (CBDC). [ 7] The Digital Rupee was proposed in January 2017 and launched on 1 December 2022. [ 8]