Indian Rupee
India has experienced the second-most GDP growth1 of any of our profiled currencies over the past two decades. In April 2023, it overtook China as the world’s most populous2 country.
It has traditionally been a net importer.3 Its main import is crude oil. India exports some of that as refined oil while its more than 1.4 billion people use the rest.
India is a member of the BRICS group of emerging market economies. It has the lowest GDP per capita of the G20 countries, and its population4 is the second youngest of the countries whose currencies we offer.
| GDP1 | $3.4 Trillion USD |
| Major Exports5 | Refined oil, diamonds, medicine |
| Major Export Partners5 | U.S., UAE, China |
| Budget Deficit6 | -6.4% |
| Trade Flows7 | -260 billion USD |
1. https://data.worldbank.org/indicator/NY.GDP.MKTP.CD
3. https://tradingeconomics.com/india/balance-of-trade
4. https://www.cia.gov/the-world-factbook/field/age-structure/
6. https://tradingeconomics.com/country-list/government-budget?continent=world
7. https://tradingeconomics.com/country-list/balance-of-trade
8. https://www.globalhungerindex.org/india.html
9. https://www.gfmag.com/global-data/economic-data/the-poorest-countries-in-the-world
The Benefits of the Indian Rupee
India ranks poorly in the global hunger index.8
India ranks 64th in the list of the worlds poorest countries.9
How to Buy the Indian Rupee
Currency CD
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Term
3-month
6-month
9-month
1-year
Currency Deposit Account
$2,500 minimum initial trade per currency. After initial trade, no minimum trade amount required.
Balance Range
All Balances
Available Currencies
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FOREIGN CURRENCIES BY BATTLE BANK
Indian Rupee
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