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Strategies & Market Trends : India Coffee House

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To: Dana Adams who wrote (9556)11/13/1999 3:16:00 AM
From: hmbsandman  Read Replies (1) of 12475
 
> I have come on this thread for some assistance in foreign
> currency lingo. I need to know the difference between
> Lakh and Crore. By that I mean, the conversion between the two.

Dana,
One Lakh = 100,000. Indians sometimes say 1,00,00, which can get confusing if you aren't used to it. In dollar terms, one lakh is approximately equal to $2300

One crore is 100 lakhs or 10 million.
Sandeep
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