India
India
Monetary System
The Indian Rupee is the legal tender of India, which is commonly referred to internationally as "Rs","Re" or "INR".
Currency values are: 5, 10, 20, 25, 50 pais and 1, 2, 5, 10, 20, 50, 100, 500, 1000, 2000 rupee (recycling of 2000 rupee notes starting from May 2023).
The Indian rupee is currently Asia's worst-performing currency in 2025 and could record its largest annual decline since 2022.
The Indian Rupee is the legal tender of India, which is commonly referred to internationally as "Rs","Re" or "INR".
In October 2025, the Indian rupee exchange rate continued to be under pressure, and the exchange rate against the US dollar approached 88.74, triggering the central bank to sell the US dollar to intervene.
Lakh is a unit in the Indian digital system. 1 Lakh=100,000= 100,000.
It is widely used and is commonly used in Bangladesh, India, Nepal, Sri Lanka, Myanmar, and Pakistan, especially in English-speaking areas.
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