Thursday, July 15, 2010

The Indian rupee will have its own symbol, a mix of the Devanagri ''Ra'' and Roman ''R'', to become the fifth currency in the world to have a distinct identity. Confirming the post we've posted a month back[here] After a nation wide contest organized by government of India,which received over 3,000 designs, finally D Uday Kumar, an iit post graduate’s design was selected. He’ll receive a reward of 2.5 lakhs.
Sad thing is that it doesn't have any key on the keyboard unlike the dollar, to type it!

The rupee will join the elite club of US dollar, British pound-sterling, Euro and Japanese yen to have its own symbol. The symbol will be printed or embossed on currency notes or coins, Information and Broadcasting Minister told reporters after the Cabinet meeting.

She said the government will try that the symbol is adopted within six months in the country and globally within 18 to 24 months. The symbol will feature on computer key boards and software's so that it can be printed and displayed in electronic and print, she said.

Soni said it would also help in distinguishing the Indian currency from rupee or rupiah of countries like Pakistan, Nepal, Sri Lanka and Indonesia.

Liked the new symbol?