What is Indian Rupee (INR)?

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The **Indian Rupee (INR)** is the official currency of the Republic of India, issued and regulated by the Reserve Bank of India (RBI), and is a non-fully convertible currency in the foreign exchange market, meaning its exchange rate is managed by the central bank to ensure stability. The currency's modern symbol, ₹, was officially adopted in 2010, and it is subdivided into 100 paise, although paise coins are rarely used in daily transactions.

Indian Rupee (INR)

What is Indian Rupee (INR)?

How does the Reserve Bank of India (RBI) manage the Indian Rupee's exchange rate in the foreign exchange market?

What is the historical evolution of the Indian Rupee, and when was its modern symbol adopted?

What are the primary economic factors that influence the value and volatility of the Indian Rupee?

What are the key monetary policy tools used by the Reserve Bank of India (RBI) and how do they affect the Indian Rupee?

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