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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 rupiah ( symbol: Rp; currency code: IDR) is the official currency of Indonesia, issued and controlled by Bank Indonesia. Its name is derived from the Sanskrit word for silver, rupyakam ( रूप्यकम् ). [4] Sometimes, Indonesians also informally use the word perak ("silver" in Indonesian) in referring to rupiah in coins. The rupiah is divided into 100 cents ( Indonesian: sen ...
Rupee is the common name for the currencies of India, Mauritius, Nepal, Pakistan, Seychelles, and Sri Lanka, and of former currencies of Afghanistan, Bahrain, Kuwait, Oman, the United Arab Emirates (as the Gulf rupee ), British East Africa, Burma, German East Africa (as Rupie/Rupien ), and Tibet. In Indonesia and the Maldives, the unit of currency is known as rupiah and rufiyaa respectively ...
The Reserve Bank of India started a pilot for the e-rupee, devised as a digital alternative to physical cash, in December 2022, and successfully reached a target of 1 million retail transactions ...
Sri Mulyani. Sri Mulyani Indrawati (born 26 August 1962) is an Indonesian economist who has been Minister of Finance of Indonesia since 2016; previously she served in the same post from 2005 to 2010. In June 2010 she was appointed as managing director of the World Bank Group and resigned as Minister of Finance.
The Arthashastra, written by Chanakya, prime minister to the first Maurya emperorChandragupta Maurya(c. 340–290 BCE), mentions silver coins as rūpyarūpa. Other types of coins, including gold coins (suvarṇarūpa), copper coins (tāmrarūpa), and lead coins (sīsarūpa), are also mentioned.[12] The immediate precursor of the rupee is the rūpiya—the silver coin weighing 178 grainsminted ...
The first Republican government-controlled bank, the Indonesian State Bank (Bank Negara Indonesia, BNI) was founded on 5 July 1946. It initially acted as the manufacturer and distributor of ORI (Oeang Republik Indonesia/Money of the Republic of Indonesia), a currency issued by the Republican Government which was the predecessor of Rupiah.[46]
The prime minister is appointed by the president of India; however, the prime minister has to enjoy the confidence of the majority of Lok Sabha members, who are directly elected every five years, unless a prime minister resigns. The prime minister is the presiding member of the Council of Ministers of the Union government. The prime minister unilaterally controls the selection and dismissal of ...