| National Currency Symbol
The symbol of Indian Rupee typifies India's international identity
for money transactions and economic strength. The Indian Rupee sign
is an allegory of Indian ethos. The symbol is an amalgam of Devanagari
"Ra" and the Roman Capital "R" with two parallel
horizontal stripes running at the top representing the national
flag and also the "equal to" sign. The Indian Rupee sign
was adopted by the Government of India on 15th July, 2010.
The symbol, conceptualised and designed by Udaya Kumar, a post
graduate in Design from Indian Institute of Technology Bombay, has
been chosen from thousands of concept entries received by the Ministry
of Finance through an open competition among resident Indian nationals.
The process of establishing and implementing this new identity is
underway through various digital technology and computer applications.
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