Indian Rupee (INR)

August 23, 2023 (1y ago)

Indian Rupee (INR) is the currency of India. INR is the International Organization for Standardization currency code for the Indian rupee, for which the currency symbol is ₹.

  • Indian Rupee is the currency of India; INR is its currency code, and the currency symbol is ₹.
  • Since India is a cash based economy, counterfeit currency has been circulated by those indulging in illegal dealings.
  • To prevent fraud, the Reserve Bank of India has over the years replaced and updated rupee notes with new security features.
  • Various factors can affect the exchange rate of the Indian rupee, including trade flows, investment flows and oil prices.
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