The new symbol for the Indian Rupee A symbol for the Indian Rupee was approved by the Government of India today. The Indian currency had previously lacked a distinctive symbol like those associated with the US dollar, euro, pound sterling and the yen . Minister for Information and Broadcasting of India , Ambika Soni announced the symbol chosen for the currency. "The symbol for the rupee would lend a distinctive character and identity to the currency and further highlight the strength and robustness of the Indian economy as a favored destination for global investments," Soni stated. A competition was held to select the symbol, which drew more than 3,000 entries. After evaluation by the head of the Reserve Bank of India , artists and designers, five were shortlisted. The winning design came from a post-graduate student, D Udaya Kumar, who won 8px|link=₨250,000 (US$5,400). The symbol is a blend of the Devanagari and Latin scripts. "It is a perfect blend of Indian and Roman letters -- capital 'R' and 'Ra' [र] which represents rupaiah, to appeal to international and Indian audiences [...] My design is based on the tricolour, with two lines at the top and white space in between," Kumar, the designer of the symbol  said.
The new symbol for the Indian Rupee A symbol for the was approved by the Government of India today. The Indian currency had previously lacked a distinctive symbol like those associated with the , , and the . Minister for Information and Broadcasting of India announced the symbol chosen for the currency. "The symbol for the rupee would lend a distinctive character and identity to the currency and further highlight the strength and robustness of the Indian economy as a favored destination for global investments," Soni stated. A competition was held to select the symbol, which drew more than 3,000 entries. After evaluation by the head of the , artists and designers, five were shortlisted. The winning design came from a post-graduate student, D Udaya Kumar, who won 8px|link=₨250,000 (US$5,400). The symbol is a blend of the and Latin scripts. "It is a perfect blend of Indian and Roman letters — capital 'R' and 'Ra' [र] which represents rupaiah, to appeal to international and Indian audiences [...] My design is based on the tricolour, with two lines at the top and white space in between," Kumar, the designer of the symbol , said.
D
Indian Rupee
R
US dollar, euro, pound sterling and the yen
, , and the
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, Ambika Soni
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Reserve Bank of India
D
Devanagari
R
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A
,