IMF Special Drawing Rights in Indian Rupee

XDR IMF Special Drawing Rights

Country of application:
International Monetary Fund

Coin denominations in circulation:
-

Denominations of banknotes in circulation:
-

History reference:
The International Monetary Fund is the leading organization for international cooperation in the monetary and financial sphere. The international monetary background provides short- and medium-term l...oans with a deficit in the balance of payments of the state. The granting of loans is usually accompanied by a set of conditions and recommendations.

INR Indian Rupee

Country of application:
India

Coin denominations in circulation:
10, 5, 2 and 1 rupee, 50, 25, 20 and 10 paise.

Denominations of banknotes in circulation:
Rs 2,000, 500, 100, 50, 20, 10 and 5.

History reference:
The Indian rupee is the currency of the Republic of India. Bank code INR. The latest series of Indian banknotes is entirely dedicated to Mahatma Gandhi, the leader of the movement for the countrys in...dependence from Great Britain, a supporter of the method of non-violent resistance in the struggle for transformation in society. His portrait adorns the front side of all banknotes from 5 to 2,000 rupees. For example, on the back of 500 rupees - an illustration of one of the episodes of Mahatma Gandhis peaceful struggle against colonial taxes, the so-called Salt March - a procession to protest against the salt tax, which united tens of thousands of Hindus during 1930. Banknotes of 1000 rupees at the beginning of 2017 went out of circulation. On the territory of the country there is a wonderful coin museum, which presents all the coins that have ever existed in the country. Soon, the rupiah currency appeared on the territory of the country, which appeared under the ruler Sher Shah (1539–1545). It gained particular distribution in the country under the ruler Akbar (1556-1605).