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What is the material used to make the Indian rupee currency note?
a Indian currency note made from cotten not from paper
How much currency is in circulation in India?
Currently there is 140.3 billion dollars of currency in circulation. India has the 5th largest amount of currency in circulation. China ranks 4th with 492.3 billion dollars of currency in circulation.
What is loose paper currency?
bill
Which unit of currency was finally phased out in 1980?
Pound note
What are the factors affecting Indian rupee changes?
The value of any currency in an economy is hard to bet, to be stable for a long period of time as there are number of factor influencing its appreciation and the depreciation. The currency value of an economy influences the growth rate of GDP in an economy. Several other factors that have a direct influence on the over or the undervaluation of a currency are listed below: Capital flows and the stock market of India It's important to note that in spite of suffering recession, an economy can grow if the capital inflow is constant or continuously rising. In India even if the GDP rate is less, the currency can still get overvalued due to excessive capital inflows made by the FII's in the Indian economy. Global currency trends Like many other currencies Indian rupee have also tied its knot with some of the big economies of the world including the names of UK, US, Japan and Canada. The depreciation or appreciation in the currency any of these, especially in the US dollar, influences the valuation of the Indian currency in one way or the other. RBI Intervention The valuation of the Indian currency highly depends on RBI that manages the 'balance of payments', slight modification in which can define the over or the under valuation of the Indian currency. Oil factors India is a major importer of oil and the valuation of Indian money gets easily affected by the increase in the prices of the crude oil. It can further result in spreading inflation in an economy due to the over valuation of the Indian currency. Political factors Several other factors that affect the currency stability are some political factors like change in the government set up, introduction of new export and import policies, tax rates and many more. Remittances from abroad Conclusively, there are many factors that arise from the economic structure of Indian economy and affect the valuation of the Indian currency that in turn affects the economic growth rate of the economy of a country.
What is the material used to make the Indian rupee currency note?
a Indian currency note made from cotten not from paper
Where is the Indian note and coins made?
Currency Note Press in Nashik,
Which Indian currency note has the highest denomination?
Rs 500
How much turkiye cumhuriyet 20000000 in Indian currency value?
we required 20000000 turkiye yirmi milyon tork lirasi note what is amount in indian currency
Which Indian currency note does not have the special geometrical shape that helps the blind people to identify the note?
Rs. 10
What is the only one language in Chinese-tibbetan script that is printed on Indian currency note?
BENGALI ?
Other than on the Indian currency where is the lion seen?
South African 50 Rand note
Which is the last language to appear on the language panel on any Indian bank note currency?
Urdu
Where is Indian currency notes printing press is located?
The Indian currency notes printing press is located in Nashik, Maharashtra, and Dewas, Madhya Pradesh. They are operated by the Security Printing and Minting Corporation of India Limited (SPMCIL).
Convert 11730 pounds into Indian currency?
11,730 Pounds (GBP) is equal to 1,161,105 Indian Rupees. Conversion as of 21st December 2014. Note; exchange rates change daily.
How much currency is in circulation in India?
Currently there is 140.3 billion dollars of currency in circulation. India has the 5th largest amount of currency in circulation. China ranks 4th with 492.3 billion dollars of currency in circulation.
Does England have paper currency?
Yes England does paper currency we have the £5 note £10 note £20 note and the £50 note
