Symbol for the Indian Rupee

The symbol for the Indian Rupee is ₹.

Explanation

The Indian Rupee is the official currency of India and it is denoted by the symbol "₹". This symbol was adopted on July 15, 2010, by the Indian government to represent the currency. The design of the symbol was created by D. Udaya Kumar, an Indian graphic designer, and it was selected through a competition organized by the Ministry of Finance.

Significance of the Symbol

The symbol for the Indian Rupee holds significant meaning. It represents the Devanagari script "र" (ra) and the Roman capital letter "R". The two lines in the symbol represent the flag of India, with the top line being an equal sign (=) and the bottom line representing the tricolor flag. The symbol as a whole symbolizes the stability and strength of the Indian economy.

Usage and Recognition

Since its adoption, the symbol has gained widespread recognition and is widely used in official documents, currency notes, coins, and digital transactions. It is also used in various industries such as banking, finance, and commerce to denote the Indian currency. The symbol has become an important part of the national identity and is recognized worldwide as the symbol for the Indian Rupee.

Conclusion

In conclusion, the symbol for the Indian Rupee is "₹". It was adopted in 2010 and holds significant meaning, representing the Devanagari script "र" and the Roman capital letter "R". The symbol is widely recognized and used in various industries to denote the Indian currency.