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What is the currency of India?
The currency of India is called rupee. The history of the rupee can be traced back to16th century. During the Indian Mogard Empire, the manufacturing technology of rupee developed very well and became an important currency in international trade at that time. After Britain colonized India, it continued to use the rupee as the official currency of India. However, influenced by World War II and India's independence movement, the rupee has also undergone a series of currency reforms and appreciation and depreciation, and now it has become one of the major currencies in India.

Indian Rupee is a freely floating exchange rate currency, and its exchange rate is closely related to the exchange rate changes in the foreign exchange market. Rubik's cube coins and paper money have various denominations, which are convenient for daily people to trade and pay. In addition, the rupee is widely used in all parts of India, and almost all commercial and service organizations accept rupee payment. However, the stability and purchasing power of the rupee are also affected by inflation and other factors, and sometimes the inflation rate exceeds that of other currencies.

The rupee is an important part of the Indian economy. The exchange rate between the rupee and other countries directly affects India's trade and investment with other countries. The stability and purchasing power of the rupee also have an impact on India's financial system and inflation rate. The Indian government and the Bank of India will constantly adjust the policies and measures of the rupee to maintain economic stability and development.