India’s international identity for financial transactions and economic power is typified by the Indian Rupee symbol (symbol: ₹; code: INR). The symbol for the Indian rupee is an allusion for Indian culture. The two parallel horizontal stripes at the top of the emblem, which combines the Devanagari “Ra” and the Roman capital “R,” stand for the national flag and the “equal to” sign, respectively. The Indian government adopted the symbol for the rupee on July 15, 2010.
The emblem was picked from among thousands of concept submissions by resident Indian nationals in an open competition, and it was conceptualised and developed by Udaya Kumar, a postgraduate in Design from the Indian Institute of Technology Bombay.
