What was the exchange rate dollar and rupee on August 15, 1947?
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On 15th August 1947 the exchange rate between Indian rupee and US Dollar was equal to one (i.e., 1 $= 1 Indian Rupee). In terms of currencies, the exchange rate was pegged to pound sterling at Rs. 13.33 or Rs. 4.75/dollar in Sept.
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On 15th August 1947 the exchange rate between Indian rupee and US Dollar was equal to one (i.e., 1 $= 1 Indian Rupee)
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