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Rupee Has a Symbol Too!

Finally, the Rupee has a symbol like other major global currencies!  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. The Union Cabinet approved the design, which includes both the Devnagiri 'Ra' and the Roman capital 'R' and has two parallel lines running at the top. The parallel lines symbolise the equal to sign. The symbol selected has been designed by an Indian Institute of Technology postgraduate D Udaya Kumar and was selected from among five short listed symbols. Kumar, who is with the Department of Design at IIT Guwahati, explained that the design is based on the Indian Tricolour.