The Indian Rupee (INR) is the official currency of India. It is used in financial markets and investments as a medium of exchange for buying and selling goods and services. In addition, the Indian Rupee is also used to buy and sell stocks and bonds, as well as other investments such as commodities and currencies. The Rupee is also used to pay for imports and exports, and to settle debt obligations. As a result, the value of the Rupee is an important indicator of the strength of the Indian economy and its financial markets.