The Indian Rupee gets a new symbol

The Indian Rupee now has its unique symbol - a confluence of the Roman ‘R’ and Indian (Devanagari script) ‘Ra’. The symbol was finalized yesterday by an Union Cabinet Committee.

Uday Kumar, the designer of the symbol explains the symbol, “My design is based on the Tricolour with two lines at the top and white space in between. I wanted the symbol for the Rupee to represent the Indian flag. It is a perfect blend of Indian and Roman letters: a capital ‘R’, and Devnagari ‘Ra’, which represent rupiya, to appeal to international and Indian audiences. After working onthe design for few months, I shortlisted eight to 10 designs and then refined them further till I got this one.”

My latest post on the Indian Rupee symbol at FPA India blog here.