Indian rupee
Official currency of India
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The Indian rupee is the official currency in the Republic of India. The rupee is subdivided into 100 paise. The issuance of the currency is controlled by the Reserve Bank of India. The Reserve Bank manages currency in India and derives its role in currency management on the basis of the Reserve Bank of India Act, 1934.
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India, Malaysia can now trade in Indian rupeeIndia and Malaysia can now use the Indian rupee to settle trade in addition to other currencies, the ministry of external affairs (MEA) said on Saturday. "This follows the decision by the Reserve Bank..IndiaTimes - Published |
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