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Currency of India
The Indian rupee is the official currency of India and the erstwhile Dominion of India and British Raj. The rupee is subdivided into 100 paise. The issuance of the currency is controlled by the Reserve Bank of India. The Reserve Bank derives this role from powers vested in it by the Reserve Bank of India Act, 1934. It is the world's eleventh-most-traded currency as of April 2025.
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Currency of the United States
The United States dollar is the official currency of the United States (U.S.) and several other countries. The U.S. Coinage Act of 1792 established the dollar as the base unit, with each dollar divided into 100 cents. U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color.
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Statistics of the U.S. Bureau of Labor Statistics
The United States Consumer Price Index (CPI) is a family of various consumer price indices published monthly by the United States Bureau of Labor Statistics (BLS). The most commonly used indices are the CPI-U and the CPI-W, though many alternative versions exist for different uses. For example, the CPI-U is the most popularly cited measure of consumer inflation in the United States, while the CPI-W is used to index Social Security benefit payments.
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The week’s trading range spanned 119 paise, with the rupee’s strongest session recorded on Monday, 12 October, when it gained nearly 1%