Investor Glossary-rupeeInvestor Glossary-rupeeInvestor Glossary-rupeeInvestor Glossary-rupeeInsightful stock market charts - Click here
investor
Categories    # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Rupee

The HTML to link to this page
 

The rupee is a unit of currency. The rupee as used in India for its official currency is called the Indian rupee. One hundred paise make one rupee. In English, rupee stands for silver. INR is the currency code for the Indian rupee and Rs is the symbol used for the Indian rupee. Historically, the Indian rupee has been pegged to the pound sterling (i.e. British pound: GBP). The Indian rupee is no longer pegged to the pound sterling (GBP) but follows a managed float against several currencies. The Reserve Bank of India distributes the Indian rupee. Other countries using the rupee are Pakistan (Pakistani rupee), Nepal (Nepalese rupee), Mauritius (Mauritian rupee), Seychelles (Seychellois rupee), and Sri Lanka (Sri Lankan rupee).



Rate this Rupee definition...

Learn about investing with the Investor Glossary Term of the Day


Click here for insightful stock market charts. Where is the market headed? The answer may surprise you. Find out
with the exclusive & Barron's recommended charts of Chart of the Day.


Popular Terms: reverse mortgage, current ratio, phantom income, APR, limit order, class C shares, labor relations, diluted share, covered put, dividends payable, debt service coverage, option premium, per diem, irrevocable trust, stock split, inflation, cancelled check, risk management, required rate of return, 1035 exchange, FICO score, 144a, minority interest, Key Rate Duration, average price per share, deferred revenue, liquidity ratio, command economy, annual return, LIBOR, quality assurance, VIX, ex-dividend, ex-dividend date, open position, in escrow, wholly-owned subsidiary, EBITDA, implied volatility, retained earnings, balance sheet, deferred tax, margin rate, 1031 exchange, Zero Cost Collar, FTSE, stock market close, 401a, real GDP


Investor Glossary | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
Investor Glossary Index >>> # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
©2004-2014 Investor Glossary - All rights reserved - Terms of Use