Full Form of INR
- INR stands for Indian Rupee.
- It is the official currency of India and is abbreviated as ₹.
Key Points About INR:
- Currency Code: The international currency code for the Indian Rupee is INR.
- Symbol: The symbol for the Indian Rupee is ₹, which was officially adopted in 2010.
- Subunit: The Indian Rupee is subdivided into 100 paise.
- Central Bank: The currency is issued and regulated by the Reserve Bank of India (RBI).
Additional Information:
- Currency Exchange: INR is used in various countries for trade and exchange, especially in South Asia.
- Economic Significance: The Indian Rupee plays a crucial role in the Indian economy and is a key indicator of economic health.
- Conversion: The value of INR fluctuates against other currencies based on market dynamics and economic factors.
Understanding the full form and significance of INR is essential for anyone dealing with Indian finance, trade, or travel.