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What is the currency of India?

The dollar is the most widely used currency in international transactions. Wikipedia The Indian rupee is the official currency of India. The rupee is subdivided into 100 paise, though as of 2019, coins of denomination of 1 rupee is the lowest value in use. The issuance of the currency is controlled by the Reserve Bank of India.

How much does 50 dollars buy in rupees?

A: 50 Dollars buys 4223.89 Rupees at interbank exchange rates. Read all our latest exchange rate forecasts with live FX news updates as they happen! Convert today's USD to INR with Exchange Rates UK's Currency Converter. Research historical currency charts or live Dollar / Rupee rates, tables and charts.

What is the interest rate of banks in India?

In India, various banks offer different interest rates for savings accounts, ranging from 2.50% per annum to 7.00% approximately. Currently, Yes bank offers a rate of interest up to 7.00%. Different banks have different schemes, including digital transactions, UPI, NEFF, and RTGS.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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