Indian Rupee
"INR" redirects here. For other uses, see INR (disambiguation).
For the Malayalam film, see Indian Rupee (film). Indian rupee ₹ | रुपया (Hindi) | | ISO 4217 code | INR | Central bank | Reserve Bank of India | Website | www.rbi.org.in | Official user(s) | India | Unofficial user(s) | Bhutan (alongside theBhutanese ngultrum) Nepal (alongside theNepalese rupee) | Inflation | 5.96%, March 2013 | Source | Economic Adviser | Method | WPI | Pegged by | Bhutanese ngultrum (at par)
Nepalese rupee (1 INR = 1.6 NPR) | Subunit | | 1/100 | Paisa | Symbol | ₹ | Paisa | p | Formerly used symbols and Coins | ₨, Rs, ರೂ, ৳, ૱, రూ, ௹, रु . | Nickname | Taka(৳), Rupayya, Rupai, Rupees, Rupay, Rupayee | Coins | 50 paise, ₹1, ₹2, ₹5, ₹10 | Banknotes | ₹5, ₹10, ₹20, ₹50, ₹100, ₹500, ₹1000 | Printer | Reserve Bank of India | Website | www.rbi.org.in | Mint | India Government Mint | Website | www.spmcil.com |
The Indian rupee (sign: ₹; code: INR) is the official currency of the Republic of India. The issuance of the currency is controlled by the Reserve Bank of India.[1]
The modern rupee is subdivided into 100 paise (singular paisa), though as of 2011 only 50-paise coins are legal tender.[2][3] Banknotes in circulation come in denominations of ₹5, ₹10, ₹20, ₹50, ₹100, ₹500 and ₹1000. Rupee coins are available in denominations of ₹1, ₹2, ₹5, ₹10, ₹100 and ₹1000; of these, the ₹100 and ₹1000 coins are for commemorative purposes only; the only other rupee coin has a nominal value of 50 paise, since lower denominations have been officially withdrawn.
The Indian rupee symbol '₹ ' (officially adopted in 2010) is derived from the Devanagari consonant "र" (Ra) and the Latin letter "R". The first series of coins with the rupee symbol was launched on 8 July 2011.
The Reserve Bank manages currency in India and derives its role in currency management on the basis of the Reserve Bank of India Act, 1934. Recently RBI launched a
For the Malayalam film, see Indian Rupee (film). Indian rupee ₹ | रुपया (Hindi) | | ISO 4217 code | INR | Central bank | Reserve Bank of India | Website | www.rbi.org.in | Official user(s) | India | Unofficial user(s) | Bhutan (alongside theBhutanese ngultrum) Nepal (alongside theNepalese rupee) | Inflation | 5.96%, March 2013 | Source | Economic Adviser | Method | WPI | Pegged by | Bhutanese ngultrum (at par)
Nepalese rupee (1 INR = 1.6 NPR) | Subunit | | 1/100 | Paisa | Symbol | ₹ | Paisa | p | Formerly used symbols and Coins | ₨, Rs, ರೂ, ৳, ૱, రూ, ௹, रु . | Nickname | Taka(৳), Rupayya, Rupai, Rupees, Rupay, Rupayee | Coins | 50 paise, ₹1, ₹2, ₹5, ₹10 | Banknotes | ₹5, ₹10, ₹20, ₹50, ₹100, ₹500, ₹1000 | Printer | Reserve Bank of India | Website | www.rbi.org.in | Mint | India Government Mint | Website | www.spmcil.com |
The Indian rupee (sign: ₹; code: INR) is the official currency of the Republic of India. The issuance of the currency is controlled by the Reserve Bank of India.[1]
The modern rupee is subdivided into 100 paise (singular paisa), though as of 2011 only 50-paise coins are legal tender.[2][3] Banknotes in circulation come in denominations of ₹5, ₹10, ₹20, ₹50, ₹100, ₹500 and ₹1000. Rupee coins are available in denominations of ₹1, ₹2, ₹5, ₹10, ₹100 and ₹1000; of these, the ₹100 and ₹1000 coins are for commemorative purposes only; the only other rupee coin has a nominal value of 50 paise, since lower denominations have been officially withdrawn.
The Indian rupee symbol '₹ ' (officially adopted in 2010) is derived from the Devanagari consonant "र" (Ra) and the Latin letter "R". The first series of coins with the rupee symbol was launched on 8 July 2011.
The Reserve Bank manages currency in India and derives its role in currency management on the basis of the Reserve Bank of India Act, 1934. Recently RBI launched a
References: East India Company, 1835[edit source | editbeta] The three Presidencies established by the British East India Company (Bengal, Bombay and Madras) each issued their own coinages until 1835 Regal issues, 1862–1947[edit source | editbeta] Regal issue minted during the reign ofKing/Emperor George V. Independent predecimal issues, 1950–1957[edit source | editbeta] Indian one pice, minted in 1950 Independent decimal issues, 1957–[edit source | editbeta]