Indian rupee / South African rand

The Indian Rupee is the official currency of India and is used by investors and financial markets to facilitate transactions within the country. The Rupee is used to purchase goods and services, invest in assets, and transfer funds. The Rupee is also used to buy and sell assets, such as stocks, bonds, foreign exchange, and commodities. The value of the Rupee is determined by the market forces of supply and demand and is subject to fluctuation. The Indian Rupee is a major currency in the global financial markets and has a significant impact on the Indian economy.