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The Big Mac Index is a price index published since 1986 by The Economist as an informal way of measuring the purchasing power parity (PPP) between two currencies and providing a test of the extent to which market exchange rates result in goods costing the same in different countries. It "seeks to make exchange-rate theory a bit more digestible ...
The rupee was worth one shilling and sixpence in sterling in 1947. The US dollar was worth ₹ 3 in 1947 not 1, and ₹ 82.62 in 2023 Notes. The data on exchange rate for Japanese Yen is in per 100 Yen. The end year rate for 1998–99 pertain to March 26, 1999 of Deutsche Mark rate. Data from 1971 to 1991–92 are based on official exchange rates.
Some of the data for the years 1997-2002 refers to the rate on, or close to, January 1 of that year. Some of the data for 2003 refers to rates on May 28 for countries beginning with A-E, and June 2 for countries listed F-Z. Exchange rates can vary considerably even within a year and so current rates may differ markedly from those shown here.
Economic data releases and earnings. On Wednesday, the Federal Reserve revised its outlook for interest rate policy in 2024, signaling just one cut instead of the three seen back in March. A ...
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Reserve Bank of India-10 Rupees (1938), the first year of banknote issue. The Reserve Bank of India was founded on 1 April 1935 to respond to economic troubles after the First World War . [16] The bank was set up based on the recommendations of the 1926 Royal Commission on Indian Currency and Finance, also known as the Hilton Young Commission ...
Examples of monthly expenses to include in a budget. 1. Housing. Housing expenses frequently take up the largest chunk of monthly expenses and include monthly mortgage or rent payments, depending ...
According to data from Egypt's Central Bank, the United States was the top sending country of remittances (23%), followed by Kuwait (15%), the United Arab Emirates (14%) and Saudi Arabia (9%). Public finances. On the revenues side, total revenues of the government were E£89.1 billion in FY2002 and are projected to reach E£184.7 bn in FY2008.