The Finance Minister of India, Pranab Mukherjee presented the national budget on Monday with a news of a new series of coins carrying the new Rupee symbol already planned and will be issued soon. India unveiled a symbol for its rupee currency on July last year with hopes that it will become as globally recognised as signs for the dollar, the yen, the pound and the euro. The symbol design is a perfect blend of Indian and Roman letters: a capital 'R' and Devanagari 'ra' which represents rupiya, to appeal to international audiences and Indian audiences.
"Indian Rupee now has a new symbol, which has been notified for use by the Central and State Governments, business entities and the general public. A new series of coins carrying this symbol will be issued shortly," Mukherjee said in his Budget speech.
He said the government has approached Unicode Standards Authority for inclusion of the symbol in international standards. Unicode is an international standard that allows text data to be interchanged globally without conflict.
Source: Times of India.
