These wereĮvaluated by a jury headed by the RBI deputy governor, which included expertsįrom reputed art and design institutes. Kumar’s symbol was chosen afterĪ public competition was held among resident Indian citizens inviting entriesįor a symbol which ‘‘ reflects and captures the Indian ethos andĬulture’’. Till now, the IndianĬurrency was simply denoted by Rs or INR. The symbol, she added, would reflect the strength and robustness of the Indian economy. It would distinguish the rupee from those countries whose currencies are also designated as rupee or rupiah, such as Pakistan, Nepal, Sri Lanka and Indonesia,’’ I&B minister Ambika Soni said after the Cabinet meeting. ‘‘ It’s a big statement on the Indian currency. Standardize the expression for the Indian rupee in different languages, both Receive a prize money of Rs 2.5 lakh for his efforts. Post-graduate, who has just joined as a teacher at IIT Guwahati. The symbol has been designed by D Udaya Kumar, an IIT Bombay Red dot Audio is not supported in your browser. Similarly distinct identities - the US dollar, euro, yen and British This question is for testing whether you are a human visitor and to prevent automated spam submission.

Rupee into the company of four ‘elite’ currencies which have

The Union Cabinet on Thursday gave its approval to the symbol which combines the Roman letter ‘R’ with the Devnagri ‘Ra’.

NEW DELHI: In keeping with India’s growing economic might and its status as a major investment destination, the hitherto humble rupee is all set to get a distinct identity in the form of a new symbol.

All country rupees symbol