Based on which calculation the indian currency is printed(quantity)? Why can't india print more indian rupees?
414859
They could print more rupees if they wanted to, but as a previous answer said, if you print too many, it causes inflation and just makes them all worth less.\n\nLike many countries (including the U.S.), India has a fairly independent Reserve Bank which is responsible for regulating the money supply. The Reserve Bank is charged with keeping prices stable and promoting growth. One of the ways they do this is by controlling the amount of money in circulation.\n\nCountries like to separate the Reserve Bank from the rest of the government to prevent politicians from just trying to solve economic problems by printing money, which really can mess up an economy.
99664
Try this currency converter...link below.
337514
15 rupees? HAHAHAHAH I know you live in India.  Knowing that information you probably bought the drink from a bakery.  Since you brought the drink from the bakery you probably didn't get a receipt.  So guess what?! Your outta luck.  You have no proof they charged you 15 rupees vs 9!\n\nThey can charge you whatever they want.  Next time find out what they are charging.  It's like here in America\nIn some stores the Red Bull Energy drink costs $3.00\nIn other stores the Red Bull Energy drink costs $2.00!
702054
Indian rupees (currency notes)
126789
India has been one of the earliest issuers of coins in the world (circa 6th Century BC). The first "rupee" is believed to be introduced by Sher Shah Suri (1486-1545).
393143
if u meant by pie "pi" then; yes, there is no final digit (Not didgit) since it is an infinite irrational number (trivia: an indian mathematician can give 50,000 digit of pi by heart according to Guinness)\n\nBut if you meant by pie "pie" then:\n\nPie: former small coin of India: a very small coin formerly used in India, worth one third of a pice\n\n Pice: old subunit of South Asian currency: a subunit of currency formerly used in South Asia, four of which were worth an anna\n \nAnna: Indian coin: a copper coin formerly used in South Asia, worth one-sixteenth of a rupee \n\nRupee: the main unit of currency in India, Mauritius, Nepal, Pakistan, the Seychelles, and Sri Lanka \n\nTherefore;\n\n1Pie=1/3 pice\n1Pice=1/4 Anna\n1Anna=1/16 rupee\n1 rupee= 3 cents (0.03 $)\nPie=1/3*1/4*1/16*.03= 0.00015625$\nThen the last digit of Pie = 5
1150989
M3 is not an account of all dollars printed. It includes all physical currency, accounts at the bank that can be exchanged for physical currency, all "in demand" checking accounts, savings accounts, money market accounts, CDs, Eurodollars (dollars held outside of the country), and repurchase agreements. M3 is MUCH, MUCH larger than the physical currency. The preliminary report for May 22nd is that there was $743.3 billion in physical currency outside of Federal Reserve banks. Monthly production rates for each denomination can be found at the third site below.
447920
here in pakistan 1$ is for rs.60.13\n\nwhy don't you chk it in the local newspaper everyday?
454229
No, very little of the world's money is actually held as printed currency. Banks have the unique ability to create money, by taking people's savings and loaning them out. Depending on the banks required reserve rate (the amount kept for daily transactions) banks can create over $2000 from a $100 deposit.
1015818
that's a meaningless question.  money is an infinite resource because in and of itself it holds no value.  a dollar AS A PHYSICAL ITEM is worth less than a penny in terms of the materials that comprise the dollar.  It is only because the world agrees that a dollar holds some value relative to the economic position of the US overall that gives it its purchasing power.  No country in the world has a currency that is backed by a fixed amount of resource (such as gold).  The US used to be on a gold standard, where the number of dollars allowed to circulate was tied to gold reserves held by the US (at, say, Fort Knox).  But Nixon removed that linkage, and ever since we've had a free-floating dollar.  We print as many as we need keeping in mind that the more physical dollars there are in circulation, the greater the chances of inflation.
395167
Currency is money. It means how much money is worth.
320208
hi dude ,india had 10000,5000 and 1000 notes somewhwer in 70's but they were baaned after 2-3 months.do u collect currency?if yes plz e mial me on koolguyrik@yahoo.co.in
159477
Just think, the money we use is "fiduciary" money. The key word here is fiduciary, since the value of the money we hold is based on the trust people have that the central bank will keep faith (fides) and pay as promised. In short, money has value because we believe it does.\n\nSo technically, if you could reproduce the manufacturing process and produce a dollar bill that is 100% identical to that of the government, the only real difference is that your bill is illegal, while the government's is legal. That's because the government is the only entity that is "allowed" to print paper money. Let's face it, if everyone could legally print money, it would indeed lose all its value as a means of exchange.\n\nThere really is no other difference.
771453
Currency denominations on one country are not based on currency of another country. The US dollar is a standard of measure in the US, regardless of its performance against other currencies, such as the Euro or pound.
697980
Sounds like someone is having delusions of grandeur, or have you bothered converting rupees to US dollars yet?\n\n\nDarryl S.
607261
I decided to actually look it up. The average salary in India is $500.00 a year in American money.\n\nAnd then...1 Indian rupee = 0.0222739 U.S. dollars\n\nMeaning: $35,000 in US Money is 1,571,345.8352601026313308401312747 in Indian Rupees
130022
In the usa currencies are no longer backed by gold, it ended in the 1930's or 1960's i think.  It is now backed by the good faith of the usa government. Printing too much money would cause inflation for what one pays for good or services.\nThink of money like barry bonds rookie card.  If someone started dropping them from planes and passing them out at walmarts until everyone has one the value of the card would deflate because of supply and demand, now, imagine i want you to plow my driveway, are you gonna do it for a barry bonds rookie card knowing that everyone in the country has one. The world bank sets the amount, along with federal reserve and treasury department.