Knoema.com - Rupee Devaluation Against the US Dollar, 1947 - Present http://knoema.fr 0001-01-01T00:00:00Z /favicon.png Changes for Rupee Devaluation Against the US Dollar, 1947 - Present Rupee Devaluation Against the US Dollar, 1947 - Present //knoema.fr/rygejhb/rupee-devaluation-against-the-us-dollar-1947-present 0001-01-01T00:00:00Z Alex Kulikov http://knoema.fr/user/1847910
Rupee Devaluation Against the US Dollar, 1947 - Present

Since India was under British rule, the rupee was pegged to the British pound. From 1927 to 1966, 13 rupees = 1 pound. The peg was maintained until 1966 when the rupee was devalued and pegged to the U.S. dollar at a rate of 7.5 rupees = 1 dollar. This peg lasted until the U.S. dollar was devalued in 1971.

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