What is the value of Indian rupee?

The Indian rupee is valued at 10.94 against the Chilean currency, 2.72 against the Sri Lankan currency, 2.29 against the Pakistani currency, and 1.60 against the Nepalese currency. (Edited by Garvit Bhirani) Generally, the currency of any country in international trade is paid in US dollars.

Is Indian rupee a good currency?

The Indian rupee has strengthened versus other currencies in the previous few quarters. However, it has also declined against the US dollar. Thus, if you are a Non-Resident Indian (NRI) or travel abroad often, you should assess the exchange rate of the Indian rupee compared to other international currencies.

Does Indian rupee depreciate against other currencies?

In the last few quarters, the Indian rupee has depreciated against currencies like the US dollar, but it has also appreciated against other currencies. Therefore, it is crucial to evaluate the exchange rate of INR with other world currencies if you frequently travel outside of India or if you are a Non-Resident Indian (NRI).