Currency unit of India NYT

Currency unit of India NYT Crossword Clue

Here is the solution for "Currency unit of India" NYT crossword clue. Today's NYT Currency unit of India crossword clue answer contanins 5 letters also we have provide the Currency unit of India NYT Crossword Answer Explanations.

The answer the to the Currency unit of India NYT crossword clue is "RUPEE."

The currency unit of India is the Indian Rupee, abbreviated as INR and often represented by the symbol ₹. The Rupee has a long history, tracing its origins back to ancient India, where various forms of currency were used. The modern Indian Rupee was officially adopted after India gained independence in 1947, with the Reserve Bank of India (RBI) serving as the central authority for issuing and managing the currency.

The Rupee is subdivided into 100 paise, although the use of paise coins has diminished over the years. The value of the Rupee is determined through various economic factors, including inflation, interest rates, and foreign exchange markets.