Conversion rupees into dollars
Narrow ranges have prevailed so far today, which will more than likely remain the case with market participants non-committal so close to the holiday period and year-end. USD-JPY has settled around the 113.25-25 mark after yesterday clocking a . Read More ▶
European Edition
Currencies are likely to remain range bound as market participants will be non-committal into the holiday period. The yen, while steady today, has been finishing the year on a softening tack. 'Abenomic' policies remain in full swing, with the . Read More ▶
Asian Edition
The dollar index pulled back from the 93.50 level at the N.Y. open, to a base of 93.26, in relatively light trade. In coming U.S. data weighed on the greenback to an extent, as Q3 GDP was revised slightly lower, and jobless claims rose more than . Read More ▶
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Conversion rupees into dollars
Lakhs And Crores to Millions and Billions
To convert a Rupee amount (given in Crores), into its corresponding Dollar amount in Millions, divide the rupee Amount by "Spot Rate", the Current Dollar Rupee rate multiplied by 10.
Thus, Rs 4 Cr = Rs 4,00,00,000/- = 4,00,00,000 / 40 = USD 1 million (assuming the Dollar Rupee Spot rate to be Rs. 40/$