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The Indian rupee sign ₹ is the currency symbol for the Indian rupee (ISO 4217: INR), the official currency of India.Designed by D. Udaya Kumar, it was presented to the public by the Government of India on 15 July 2010, [1] following its selection through an open competition among Indian residents.
The Indian rupee (symbol: ₹; code: INR) is the official currency in The Republic of India. The rupee is subdivided into 100 paise ( Hindi plural; singular: paisa ). The issuance of the currency is controlled by the Reserve Bank of India .
The rupee sign "₨" is a currency sign used to represent the monetary unit of account in Pakistan, Sri Lanka, Nepal, Mauritius, Seychelles, and formerly in India.It resembles, and is often written as, the Latin character sequence "Rs", of which (as a single character) it is an orthographic ligature.
In a world where the U.S. dollar, European euro, Japanese yen and British pound each have a symbol for their currency, the India rupee is trying to get in on the international monetary party.The ...
The Indian rupee was the official currency of Dubai and Qatar until 1959, when India created a new Gulf rupee (also known as the "external rupee") to hinder the smuggling of gold. [14] The Gulf rupee was legal tender until 1966, when India significantly devalued the Indian rupee and a new Qatar-Dubai riyal was established to provide economic ...
Kumar conceptualised the design for Rupee symbol for Indian currency. The symbol is created using the Devanagari letter र 'Ra' and Roman capital letter 'R'. The letters are derived from the word Rupiah in Hindi and Rupees in English, so the symbol is meaningful to both Indians and international users. It also uses the Shirorekha, the ...
Indian rupee (ISO code: INR) is the official currency of India, the issuance of which is controlled by the Reserve Bank of India. [53] Rupee is derived from rupya or rūpiya, which was used to denote various coins in usage since 4th century BCE. [54] The Indian rupee symbol, adopted in July 2010, is a combination of Devanagari "Ra" and the ...
The Indian rupee was a silver-based currency during much of the 19th century, which had severe consequences on the standard value of the currency, as stronger economies were on the gold standard. During British rule, and the first decade of independence, the rupee was subdivided into 16 annas .