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The Indian Rupee will have its own symbol, a mix of the Devanagri 'Ra' and Roman 'R', to become the fifth currency in the world to have a distinct identity.
The new symbol, designed by IIT post-graduate D Uday Kumar was approved by the Union Cabinet. The rupee will join the elite club of US dollar, British pound-sterling, Euro and Japanese yen to have its own symbol.:weindian4:
The symbol will be printed or embossed on currency notes or coins.Kumar's entry was chosen from among 3,000 designs competing for the currency symbol. He will get an award of Rs 2.5 lakhs.
The new symbol, designed by IIT post-graduate D Uday Kumar was approved by the Union Cabinet. The rupee will join the elite club of US dollar, British pound-sterling, Euro and Japanese yen to have its own symbol.:weindian4:
The symbol will be printed or embossed on currency notes or coins.Kumar's entry was chosen from among 3,000 designs competing for the currency symbol. He will get an award of Rs 2.5 lakhs.
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