The Indian rupee has got its own unique symbol, joining the dollar $, pound Â£ sterling, euro E and the yen as international currencies with an identity that is instantly recognizable worldwide.The Union Cabinet decided on the symbol for Indian Rupee, a privilege (unique identity) available only to major currencies like dollar, euro, pound, sterling and yen.
For getting this symbol On 5th March, 2009 the Indian Government announced a contest for a New Symbol for Indian Rupee with a prize of Rs 2.5 lakh for the winner and 25,000 for the top 5 shortlisted designs and Jury has shortlisted 5 designs.Below are some of these designs.
Congratulation, Mr D Uday Kumar for giving us such a simple and innovative symbol for Indian Rupee to fixed its position in International markets. Now India also can use its own currency symbol for all international activities in financial markets. It is the answer to all the strong currency symbol in world available to know that the status of Indian currency symbol in international financial market. So now we can give the Indian Rupee a new face in International financial market.
It is the combination of Indian Devenagari Script and Roman Script as well with the view of Indian Flag in arithmetic way. That will give us to represent our script and culture in world level. The symbol will be printed or embossed on currency notes or coins. The symbol will feature on computer key boards and softwares so that it can be printed and displayed in electronic and print.
The new symbol is a blend of the Devanagari â€˜à¤°â€™ and the Roman capital â€˜Râ€™ without the stem. The parallel lines at the top(with white space between them) make an allusion to the tricolor Indian flag.With this the rupee will be the fifth currency in the world after the US dollar, the UK pound, the euro and the Japanese yen to have its own symbol.The Indian government will try to adopt the symbol within six months in the country and globally within 18 to 24 months.