This is the symbol for Indian currency. It is really looking good. This new Indian currency symbol is designed by Bombay IIT post-graduate D Udaya Kumar and it was officially approved by the Indian cabinet. It is a perfect blend of Indian and roman letters - capital 'R' and Devanagri 'Ra' which represents rupaiah, to appeal to international and Indian audiences.
"It's a big statement on the Indian currency... The symbol would lend a distinctive character and identity to the currency and further highlight the strength and global face of the Indian economy," Information and Broadcasting Minister Ambika Soni told reporters after the cabinet meeting.
This symbol is not used to print on the currency notes and coins, it is just included in the “Unicode Standard” and major scripts of world in order to make sure that it is easily displayed and printed in the electronic and print media.
Among various currency notes, the only symbol printed on the notes is pound sterling. Text data can be interchanged globally by using Unicode language without any conflicts. After incorporation in global and Indian codes, this symbol can be used by all people and entities within or outside the country.
This symbol will be adapted in a span of six months in the country and within 18-24 months across the globe. Adding the symbol will feature on computer keyboards and software for global use.
Finally our currency symbol will join the elite club of currencies such as British pound sterling, US dollar, Japanese Yen and Euro that have a clear distinguishing identity. This new icon for Indian currency is likely to create a brand around 1.2 trillion dollar economy of the nation.
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