India has now got a unique symbol for the Rupee.
It's a half -R -- or full, Devanagari "Ra" -- with a couple of parallel horizontal lines at the top, one cutting the half-R's upper curve. Yes, it was predictable given the parameters of the competition -- which specified that it be based on the Devanagari "Ra" -- and given, too, the tendency for currency symbols across the world to feature two parallel lines, apparently to convey a soothing impression of stability.
Most of the developed countries have a symbol for their currencies and it is important for a country for India too to have a symbol for the Rupee.
By the introduction of theis new reform, the Indian currency will be joining the elite club of the US dollar, the Europion euro,the British pound sterling and the japanese yen to mark its presenes in the global arena.It was designed by D. Udayakumar,and IIT post graduate student . He hails from Tamil Nadu.