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Thursday, July 15, 2010

[sharetrading] Re: Rupee gets its symbol

SUPERB
I liked it very much
Its from an IITian
It totally Indian
Jai Hind
SM

--- In sharetrading@yahoogroups.com, Mandar Joshi <joshi.mandar@...> wrote:
>
>
>
>
> Indian Rupee finally gets its symbol
> NDTV Correspondent, 15 July, 2010
>
> Finally, the Rupee will have a symbol like the Dollar ($) or the Euro (€) or the
> Pound (£). The Cabinet today finalised the design for the Rupee.
>
> IIT post-graduate Uday kumar's entry has been selected out of five shortlisted
> designs as the new symbol for the Indian Rupee.
>
> The government had organised a symbol design competition with a prize money of
> Rs 2.5 lakh. Five designs were shortlisted from a competition and all new notes
> will bear the design finally approved.
>
> The growing influence of the Indian economy in the global space is said to have
> prompted this move that will result in the Indian rupee joining the select club
> of global currencies like the US dollar, the British Pound, European Euro and
> Japanese Yen that have unique symbols.
>
> The abbreviation for the Indian Rupee, 'Re' or 'Rs' is used by India 's
> neighbours Pakistan , Nepal and Sri Lanka .
>


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