New Symbol for Indian Rupee

15rupee11 Finally, the Rupee has a symbol like other major global currencies!

In a historic event, a five-member jury set up to finalise symbol for the rupee selected the design presented by IIT-ian D Udaya Kumar.The Union Cabinet approved the symbol on Thursday noon. The Indian rupee is now the fifth currency in the world to have a distinct identity. The rupee will join the elite club of US dollar, British pound-sterling, Euro and Japanese yen to have its own symbol.

A a proud D Udaya Kumar said: "My design is based on the Tricolour, with two lines at the top and white space in between. I wanted the symbol for the Rupee to represent the Indian flag. It is a perfect blend of Indian and Roman letters: a capital ‘R’, and Devanagari ‘ra’, which represent rupiya, to appeal to international and Indian audiences."

Advertisements

About aronnirmal

A student pursuing Masters in Compter Applications. Intrested in Linux, Computer Hardware and networking,eco-enviorment related issues and politics.

Posted on July 15, 2010, in Current Affairs and tagged , . Bookmark the permalink. Comments Off on New Symbol for Indian Rupee.

Comments are closed.

%d bloggers like this: