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.
Assuming that you mean Indian rupee, it is 754 million Indian rupee. Hope I helped! :)
In 1966, indian rupee was first time devalued
About 90 Rupee
8.92 Indian rupee.
100 baisa in indian rupee
Indian currency is Rupee (Re).
Indian rupee
This depends on what dollar 1 US Dollar in Indian Rupee is 63.60 1 Australian Dollar in Indian Rupee is 50.32 1 Barbardian in Indiian Rupee is 31.98 1 Bahamian Dollar in Indian Rupee is 64.01 1 Canadian Dollar in Indian Rupee is 51.04 1 New Zealand Dollar in Indian Rupee is 46.15
Danish Indian rupee ended in 1845.
how much 5500000 pounds in indian rupee
1500 indian rupee
Indian Rupee is stronger than PKR (Pakistani Rupee). Though, PKR improved a bit against INR (Inidan Rupee) in recent months but still, it is approximately 0.63 of INR.1 PKR = 0.63 INR
Because of 1)Exchange rate, 2)International Trade , 3)Capital Movement , 4)Change in prices ,price inflation,5)speculations like the value of currency .6)Strength of Economy parameters affecting are fiscal balance ,International current account balance ,International liabilities ,Foreign exchange reserves ,resilence to an International trade fluctuation,Gross Domestic Product,Inflation rate . 7)Government Policies , 8)Stock Exchange ,9) Political Factors . These are factors affecting to d evaluate an Indian Rupee and its impact on an Indian Economy and Nobel work out obstacles .
The currency of India is the Indian rupee.
No. As of May 2013 one Indian Rupee is worth about .5 Mauritian rupees.
The Indian currency is called the Indian Rupee (INR) and the coins are called paise. One Rupee consists of 100 paise.
66 lakhs