The Indian Rupee (INR) is India's official currency, central to its economic landscape. Its value against global currencies like the US Dollar reflects national...
The official symbol for the Indian Rupee is ₹, and its international ISO 4217 currency code is INR.
Key factors include global crude oil prices, foreign institutional investment (FII) flows, interest rate differentials, inflation, India's trade balance, and the Reserve Bank of India's (RBI) monetary policies.
The Reserve Bank of India (RBI) is the central bank responsible for formulating and implementing India's monetary policy, aiming to maintain price stability and manage the Rupee's exchange rate.