Friday, July 30, 2010

The Rupee was derived from the sanskrit word Raupya , which means silver .
Rs 10 note was introduced in 1864
Rs 5 note = 1872
Rs 100 note = 1900
Rs 50 note = 1905
Rs 500 note = 1907
Rs 1000 note = 1909
The Reserve Bank of India began note production in 1938

Thursday, July 22, 2010

New Symbol designed for Indian currency

News reports indicate the Government of India officially selected a new Indian rupee symbol. Now like the US dollar, UK pound, Japanese Yen, Euro; the Indian rupee can also boast of its very own symbol instead of being written as Rs.

india rupee symbolThe new symbol is a blend of the Devanagari ‘र’ and the Roman capital ‘R’ without the stem. The parallel lines at the top (with white space between them) make an allusion to the tricolor Indian flag and they also depict an equality sign which symbolizes the nation’s desire to reduce economic disparity.