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The Indian government approved a symbol for the rupee, an attempt to give the currency a unique identity as the country seeks to expand its financial influence.
A symbol will not make rupee either stronger or widely acceptable in the world. A currency's strength depends on the economy of the country to which its belongs.
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Like the American dollar and British pound sterling, the new symbol of Indian rupee will also be available in the computers by merely downloading a software provided free by the government.
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The new symbol, designed by IIT post-graduate D Uday Kumar was approved by the Union Cabinet on Thursday. The rupee will join the elite club of US dollar, British pound-sterling, Euro and Japanese ...
The United States dollar has its symbol, $. So does the British pound, £; the Japanese yen, ¥; and the Euro, €. But not the Indian rupee, until now.
New Delhi: The Indian Cabinet on Thursday approved the new symbol for the Indian rupee – an amalgam of the Devnagiri 'Ra' and the Roman capital 'R' without the stem.
The Rupee will soon have a symbol to represent it like the dollar $ or the euro € or the pound £ do. The Cabinet is expected to clear a design tomorrow. It will be the Hindi letter Ra with two ...
New Delhi: The new rupee symbol has started getting acceptance within a week of its approval with a Delhi-based daily incorporating it in its masthead to indicate price of the newspaper. The ...
NEW DELHI: The Indian rupee will soon have a unique symbol — a blend of the Devanagri 'Ra' and Roman 'R' — joining elite currencies like the US dollar, euro, British pound and Japanese yen in ...
India's government thinks the country's currency needs its own symbol -- so it can stand proudly alongside the $, ¥, £ and €.